Oil reserves in central Sudan expected to reach 1.2 bn barrels

Apr 30, 1999 02:00 AM

The oil reserves explored in Hegleg, central Sudan, is expected to reach 1.2 bn barrels by the end of this year from the current 650 mm barrels, a senior Sudanese official has said.
Assistant Secretary of the Energy and Mining Ministry Ali Ahmed Othman told the General Congress of the Sudanese National Union of Youth that the recently discovered reserves were proven 60 % successful, which is the highest percentage in the world.
Othman also said Sudanese oil was heavy crude, 98 to 99 % of which were Hydrocarbonic elements and less than 1.1 % were sulphur, thus its damage on machines and environment was very limited. He predicted a promising market for the oil.
The Sudanese firms will yield 70 to 80 % of the total oil production in the coming five years from the current 40 %.

Sudan has started co-operation with China, Malaysia and Canada in oil exploration in Hegleg since early 1997. So far some 100 wells were drilled with a total production capacity of 7 mm tpy.
The construction of oil pipelines between Hegleg oilfields and Bashaer port and Port Sudan are being finalised.

President Omar Hassan Ahmed al-Bashir said last year that Sudan would export oil by the end of June on the occasion of the 10th anniversary of the Sudanese National Salvation Revolution which brought the current government to power.

Source: Xinhua via Newspage
Alexander's Commentary

Change of face - change of phase

In the period of July 20 till August 3, 2015, Alexander will be out of the office and the site will not or only irreg

read more ...
« February 2020 »
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29

Register to announce Your Event

View All Events