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China said it was willing to fund second port in Lamu which will serve the Ethiopian market and Southern Sudan which relies on Port Sudan. Japan is also said to have interest in the project.
In April, Toyota Tsusho announced plans to build an oil pipeline from South Sudan to the Kenyan coast, complete with an oil export terminal.
Akon Refinery Company Ltd. (ARC), a joint venture between Nile PetroleumCorp. and Eyat Oilfield Services Co. Ltd., released a tender in April for potential investors in a planned refinery in South Sudan.
Toyota Tsusho is developing plans to build a pipeline, which would run for 1,400km from Juba to the Kenyan island of Lamu, where an oil export terminal would be constructed.
A CNPC-led consortium announced that it has spud a wildcat well in Sudan’s Block 15 located offshore in the Red Sea.
Sudapet stopped the sale of a cargo of Nile Blend Crude, on February 26, expecting to get better prices.
Sudan has started drilling its first overseas offshore exploration well Area 15 in the Red Sea Basin on February 1.
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.
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 exported a first shipment of five million liters Ethanol, produced by Kenana Sugar Company, to the EU. In Sudan Ethanol will be used as fuel for cars.
Sudan and India signed a deal to pave the way for increased oil production and exploration and infrastructure development.
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