Khartoum Offers Petronas New Opportunities
Malaysia’s Petronas will have additional access to Sudanese acreage according to Sudan’s petroleum minister, Ali Ahmad Osman. Khartoum plans to offer the company more business opportunities
“We have given information to Petronas on two free blocks namely, Block 10 and Block 12B, which are in the east and west of Sudan respectively,” Osman, told Bernama. The oil minister also said that additional blocks under the state-run SNPC’s control would be available to Petronas through farm-in deals.
Petronas is said to be eager to pursue upstream and downstream opportunities with Khartoum, despite the tension that is running rampant between the north and south. The Sudanese government has assured Petronas that its investments would be protected, saying that both the north and south would respect access to exploration and production-sharing agreements signed with investors.
"Things will continue in a way that will not affect investments in Sudan, and investors like Petronas would not be affected by the separation of the country, and we are now waiting for the reaction from the southern government,” he was quoted as saying by Bernama.
- 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.
