Sudan: March 9, 2003

Archives

Oil revenues continue to fuel the Sudan government's campaign against the Southern Christian rebels, no matter who's pumping it out of the ground. Canada's Talisman Energy Inc. signed a deal to sell its 25 percent stake in the Sudan's Greater Nile Oil production and pipeline project for $750 million to ONGC Videsh Ltd., a subsidiary of India's national oil company. The Canadians had invested $750 million by mid-2000, so despite rising global oil prices it's obvious that they're cutting their losses and running. 

The Indian company is known to have operations in Russia, Iran and Libya with turnover of $2 billion. The Sudanese government considers the deal to have been done with the consent of all and that "everybody is happy". Beijing's China National Petroleum Corporation has a 40% interest, Malaysia's Petronas 30% and 5% is held by the Sudan National Petroleum Corporation. 

That same day, the Darfur Liberation Front (DLF) claimed to have downed a government helicopter in North Dafur. The province's governor (who is in charge of the province's security) and another unidentified official aboard both survived the crash. - Adam Geibel 

 

Article Archive

Sudan: Current 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 


X

ad
0
20

Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close