Sudan Invites Investors to her 6 Billion Barrels of Oil Reserves

"Sudan has oil reserves that have been estimated at approximately 6 billion barrels, whereas 1 billion 700 thousand barrels have been used."
Publish Date
4th December 2020
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Read Time
2 minutes

The Undersecretary of the Ministry of Energy and Mining, Sudan, Suleiman Hamed, said that the oil reserves in the country are approximately 6 billion barrels. He said this shows that the Ministry has 25 square kilometres ready for immediate investment by both local and foreign companies.

He noted that all the companies that are currently working on oil production in Sudan are local, except for the China National Petroleum Corporation (CNPC), which is investing in only six (6) square kilometres.

In a statement from the Ministry, he invited highly experienced oil and gas production companies from all over to world to invest in the Sudanese oil and gas industry as “Sudan is very rich in natural resources, and we have a very large reserve of gas that have not been tapped until this day.”

“Sudan has oil reserves that have been estimated at approximately 6 billion barrels, whereas 1 billion 700 thousand barrels have been used.”

“We have prepared 25 square kilometres for oil production, including two locations in the [Red Sea] state, in addition to other locations in the country’s west and south.”

“The country currently produces 60,000 barrels per day, and is expected to reach 80,000 barrels per day in 2021.”

“A French company is currently conducting studies and research to uncover the exact quantity of gas available in the country, figures that will be used by us.”

“The main areas where gas has been discovered are located in the states of West Kordofan, East Darfur, the Red Sea, and the Dinder area.”

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