Friday, 5 August 2016
China controls 75% of investments in Sudan’s oil sector : Minister
Sudanese Petroleum Minister, Mohamed Zayed Awad said Chinese companies control 75 percent of foreign investment in Sudan’s oil sector.
Awad told reporters Wednesday upon his return from China that several Chinese companies would launch new oil and gas investments in Sudan.
He pointed that a delegation from the state-owned China National Petroleum Corporation, CNPC will arrive in Khartoum on August the 25th to explore new opportunities.
The Sudanese minister added that CNPC seeks to explore for oil and gas in a number of blocks including block 25 in the White Nile state, block 8 in Sennar state, block 2 and 6 in West Kordofan state.
The Chinese oil giant began its business in Sudan in 1995.
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