Petroleum Africa
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Thursday, December 11, 2014
Sudan is looking for investment in natural gas extraction and the importation of natural gas. The country’s plans are to aid it in fuelling power generation and industry according to the country’s president, Omar Al Bashir. Sudan has proven natural gas reserves but it lacks the infrastructure and development has been slow.
The country also lacks the infrastructure to import the commodity, not having the pipelines or port terminals to bring in the gas in its natural state or in the form of LNG.
Bashir said the government had established a state-owned gas company to facilitate gas imports and would build a gas pipeline from Port Sudan on the Red Sea to the capital.
“We will work to increase the production of gas inside Sudan and … to open the doors to investment,” he said, adding that the constitution was being amended to specify the authority responsible for facilitating foreign investment.
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