Sudan News
Latest News From Sudan
Please feel free to send us your Press Release to [email protected]

Sudan offers more oil blocks to India

12/7/2005 8:27pm

Monday, December 05, 2005

NEW DELHI: Sudan has asked more Indian companies to participate in three oil exploration blocks and undertake a refinery project, even as ONGC Videsh Ltd is set to receive more equity oil from the North African country in April.

Sudan's Energy and Mining Minister Awad Ahmad al-Jaz said the additional oil would come from two blocks in which India's state-owned OVL holds stakes and which are expected to start production soon.

"By April, one block is expected to start oil production. Initially it will be around 40,000 barrels per day (bpd), which will later go up to 60,000 bpd," al-Jaz said.

"The preliminary seismic survey in the second block has also started," he said.
OVL, the overseas arm of the Oil and Natural Gas Corporation, holds stakes of 24.12 percent and 23.5 percent in two blocks in Sudan, the largest African nation and also home to one of the biggest oil reserves in that region.

اقرا اخر الاخبار السودانية على سودانيز اون لاين For more Sudan News

For More Articles and Analysies For more Press Releases
This report does not necessarily reflect the views of Sudanese

| Sudanese Songs | | Arabic News | Arabic Forum| | | | PC&Internet Forum| Press Releases

Home| Sudanese Directory | Tell a friend| Articles and Analysies | News | English Forum

Copyright 2000-2004
Sudanese Online.Com All rights reserved