Sudan: Algeria’s Sonatrach Company Expresses Desire for Oil Investment
Algeria’s Sonatrach Company has expressed desire to invest in the field of oil and gas in Sudan. This came during the meeting of the Undersecretary of the Ministry of Oil and Gas Engineer Awad Al-Karim Mohamed Khair recently with visiting Algerian technical delegation, in the presence of the Algerian ambassador to Khartoum at the premises of the Ministry of Oil and Gas, where the two sides discussed the available investment opportunities in Sudan.
The Undersecretary of the Ministry of Oil and Gas reviewed the opportunities of oil investment in Sudan, pledging to provide the adequate assistance to the company delegation to enable both sides to reach an agreement, revealing that the visit comes within the framework of the outcomes of the meeting between the Ministers of Oil and Gas in the two countries held recently in Algeria for the exchange of experiences and cooperation in the field of oil and gas.
For his part, the Algeria’s ambassador to Khartoum said that the visit came in order to develop the relations between the two countries in the economic sphere and to exchange visits in order to reach full cooperation in the oil, gas and other fields, referring to the depth of the relations between the two countries.
The Head of the delegation of the Algerian Sonatrach Company reviewed the possibilities of the company, stressing their desire to invest in the exploration and production of oil in Sudan, pointing out to the meetings and visits made by Sonatrach delegation and the technicians at the Ministry of Oil and Gas, revealing that the company’s delegation consists of a number of technicians who were briefed on the opportunities available and the blocks prepared for investment.