OPEC invites Sudan to join

May 25, 2006 02:00 AM

The Organisation of the Petroleum Exporting Countries (OPEC) has invited Sudan to join the powerful oil-industry cartel. Nigerian President Olusegun Obasanjo, whose country holds the rotating chair of OPEC, extended the invitation in a message delivered to Sudanese President Omar al-Beshir, the agency said.
"Al-Beshir expressed his appreciation to the Nigerian president and promised to study the invitation and respond to it in the future," a report said.

Sudan's current output of 500,000 bpd leaves it far behind African oil giants like Nigeria, but its production is increasing steadily.
Sudanese officials have said recently they hoped to hike total output to 650,000 bpd by the end of the year and have set a target of 1,1-mm bpd for 2010.

China, the world's second-largest energy consumer after the United States, has its largest overseas oil production operation in Sudan and is eyeing more deals as the war-torn country's oil sector picks up.
Sudan has been attending OPEC meetings asan observer for years.

Source: AFP
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