21 February 2011

Sudan: Oil Minister - Production of One Million Oil BPD is Possible

Khartoum — The Minister of Oil, Dr. Lual Achwel Deng, has unveiled a report his ministry would submitted to the Council of Ministers next March about the total and future vision for the oil sector.

In a press conference he held at the premises of the Sudapet Company Ltd. Monday, Dr. Deng said that the Production of one million oil barrels per day is not impossible, referring to his ministry's efforts to increase the oil production at all squares.

He appreciated the role of Sudapet, affirming issuance of a decision on re-arrangement of the company by including the private sector in its board of directors which consists of eight members, four represents the government, three from the private sector including the chief of the board of directors and one member representing Sudapet, explaining that this partnership will reactivate the work in the company.

Sudapet Director, Salah Wahbi, expected that the company in its new structure to begin strongly, pointing out that the partnership emerged from the state's concern with the private sector and its role in boosting the national economy.

Member of the Board of Director', Anees Hajjar, said that membership of the private sector in the board of directors is useful for the company and the share-holders and will be for the interest of the oil sector.

SUNA adds that Sudapet Company is considered the leading national company in the fields of oil and gas and represents the technical and commercial arm of the Oil Ministry.

Sudapet aims to explore and preserve the oil resources in Sudan and to build highly-qualified Sudanese manpower.

Copyright © 2011 Sudan News Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.