2009

Oil and gas engineering company CPECC, a full-owned subsidiary of CNPC, has won contracts worth 260 million dollar for seven Engineering Procurement and Construction (EPC) projects located in Sudan’s Oil Block 6.

GOSS has approved plans to build a debut, $2 billion, oil refinery in Akon, Warap state, which will serve all the seven states west of the Nile. It is estimated to take about a maximum of 36 months to build.

GOSS has embarked on building its first ever oil refinery in Akon, Warrap state. The Government stressed the importance of indigenizing the operations of the oil sector so that “Southern Sudan is not caught up” in case it chooses secession in 2011.

The U.S. Court of Appeals in New York on October 2nd affirmed a lower court’s 2006 dismissal of the case against Canadian oil company Talisman for alleged complicity in human rights violations in Sudan.

A delegation from Nairobi is in Khartoum to fine-tune last year's agreement for oil importation of 500,000 barrels of crude per month.

Beijing affirms that Chinese companies working in Sudan will continue operation, after discrepancies in oil production figures were revealed by Global Witness, but are also keen to deal in transparency with the government of Sudan.

Sudan’s central bank estimates that Sudan's economy may grow about 6 % in 2010, which is below the finance ministry’s target of 10%. The lower estimate is primarely based on the sharply fallen oil price.

The Minister of Energy and Mining has the Global Witness report on differences in reported oil figures.

Sudan’s oil minister dismissed accusations by Global Witness about manipulations in the figures of oil revenue during the last few years.

A Sudanese economic expert expects the rise in the oil prices at international level will positively reflect on the revenues of Sudan's oil budget.