How We Present
Sudan adds 10,000 bpd with new oilfield - state media
Reuters Translate This Article
26 December 2012
KHARTOUM, Dec 26 (Reuters) - Sudan will boost its oil production by 10,000 barrels a day when the new Hadida field comes on stream this week in the west of the African country, state news agency SUNA said on Wednesday.
Sudan, which lost three quarters of its oil output when South Sudan seceded from it in July 2011, is producing 120,000 bpd and plans to reach 150,000 bpd by year-end, its oil minister said in October..
Analysts are skeptical about Sudan's ambitious production expansion plans as the efforts have been hampered by a scarcity of the dollars needed to bring in better equipment and technology.
Sudan had initially planned to pump 180,000 bpd by year-end but missed the target after weeks of border fighting with arch rival South Sudan in April, which damaged the key Heglig oilfield and its central processing plant on the Sudan side of the disputed joint border.
SUNA said President Omar Hassan al-Bashir would inaugurate on Thursday the new Hadida field operated by Petro Energy E&P. The Chinese-owned company has the oil and gas exploration concession for Block 6 in the west of the vast country.
Oil Minister Awad Ahmed al-Jaz told SUNA the Hadida field would produce in the future 60,000 bpd, without being more specific. A 150 km pipeline had been built to link it to the supply network in Balila in South Kordofan state, SUNA added.
In July, Sudan signed oil exploration and production-sharing deals with Canadian company Statesman Resources Ltd as well as with Chinese, Nigerian, Australian, Brazilian and French companies.
(Reporting by Ulf Laessing; Editing by John Stonestreet and Bob Burgdorfer)
© Copyright 2012 Reuters
Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. 'Reuters' and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies. For additional information on other Reuters media services please visit reuters.com/newsagency .
Every day Global Good News documents the rise of a better quality of life dawning in the world from good news reported by the press; and highlights the need for introducing Natural Law based—Total Knowledge based—programmes to bring the support of Nature to every individual, raise the quality of life of every society, and create a lasting state of world peace.
Translation software is not perfect; however if you would like to try it, you can translate this page using:
Send Good News to Global Good News.