In Sudan, most contracts were negotiated in the time of war. Now, as the war is over, the situation is different. Other actors are in power and the stakes have changed. In many African countries the end of wars initiated contract renegotiation. In Sudan, this process has not yet started.
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Southern Sudan intends to implement a review of all oil contracts inked between Khartoum and overseas oil players. Southern Sudan doesn't plan to revoke existing deals, but wants to assert a higher level of control over its oil industry than currently exists.
Sudan wants oil companies to develop a new oilfield, Block 12b, in its troubled northwestern Darfur region. The Justice and Equality Movement (JEM) warns "companies not to deal with the regime in Khartoum in oil exploration".
Sudan and India discussed ways to develop joint cooperation and investment in oil and electricity as well as gas. OVL wants to consolidate its operations and acquire more acreage in the African country.
The new benzine supplying agreement signed between Sudan and Ethiopia will see Sudan benzine supplies to Ethiopia rise from 8% to 82%. This will reduce oil imports from many of Ethiopia’s fuel supplying countries, including the Middle East.
Sudan and the state firm China National Petroleum Corp (CNPC) discussed to increase the production of Khartoum's refinery to 200 thousand barrels per day instead of its current capacity of 100,000 bpd to meet the growing need of oil derivatives..
Sudan and India signed a deal to pave the way for increased oil production and exploration and infrastructure development.
CNPC has signed three oil and gas cooperation agreements with the government of Sudan.
Sudan and CNPC signed three new oil and gas cooperation agreements.
* Sudan output falls short of estimates
* Plans for new oil refinery Port Sudan shelved indefinitely
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