Petronas Aims to Raise Oil Output in Sudan
Malaysia's national oil firm Petronas said Tuesday its joint venture company in Sudan aims to raise its output to 1 million barrels of oil a day by 2007.
"Hopefully by 2007, Sudan will increase its production from 300,000 barrels per day to 1 million," Petronas' Chief Executive Mohd Hassan Marican said at a seminar on joint business alliances in Islamic countries.
Petronas, or Petroliam Nasional Bhd., is jointly developing Sudan's oil resources with China National Petroleum Corp. and Sudan's National Oil Co. The venture has been in place since 1997.
Petronas is also working on developing the oil industry in Chad, Hassan said in a speech, but he did not elaborate.
Unpaid Debt
- Database Search
- Unpaid Debt A comprehensive overview of the role of the Lundin Consortium in the oil war. ECOS calls upon the Swedish, Austrian and Malaysian governments to investigate whether, as a matter of international law, Lundin, OMV and Petronas 'were complicit in the commission of war crimes and crimes against humanity by others during the period 1997-2003.’ In response, the Swedish Public Prosecutor for International crimes opened a criminal investigation into ‘links between Sweden and the reported crimes’.
- In Depth For more specific information about the Lundin court case please visit the Unpaid Debt dossier.
