SUDAN’S OIL MINISTER MEETS CHINESE SPECIAL ENVOY

KHARTOUM, — Sudanese State Minister at the Ministry of Oil and Gas Mahmoud Mohammed Abdul-Rahman has held taks here China’s Envoy for Arab Affairs Li Cheng Wen with whom he reviewed the progress of Chinese investment in Sudan’s oil sector.

During their meeting here Wednesday, they also discussed the stages of production division agreement signed between the two sides in the country’s Block B2, which it is about to expire.

The meeting was also attended by China’s Ambassador to Sudan, the Acting Under-Secretary and the other senior officials of the Ministry of Oil and Gas.

The minister stressed that the petroleum sector provided a strategic depth in the relationship between Sudan and China and it would continue to lead bilateral co-operation in all fields despite the recent changes which have dominated the sector such as the low world oil prices.

He praisined the significant role being played by the China National Petroleum Corporation (CNPC) in laying the foundations of the oil industry in Sudan.

Abdul-Rahman said that the production of Block B2 had not exceeded 20 per cent of its oil reserve, and urged China to sign a new agreement with the Sudanese side to develop the block and step up production for the benefit of the two countries, while referring to efforts by his ministry to resolve the outstanding issues between them.

For his part, the Chinese Envoy for Arab Affairs congratulated the Sudanese people on the success of the national dialogue experience, which concluded recently, stressing that his country gives the investment in the oil field in Sudan a particular priority.

He also stressed that CNPC had reduced its investments in all parts of the world, except Sudan, and this confirmed the extent of the strategy of the relationship between the two countries.

Chinese Ambassador Li Lian said CNPC was being encouraged to continue working with high spirits in Sudan so as to increase oil production in the country and to push the bilateral relationship forward.

He was confident that the Sudan-China relationship would witness greater prosperity, referring to the major challenges facing CNPC in its commercial dealings worldwide due to the oil price drop, stressing his support to the negotiations being held between the company and the Ministry of Oil and Gas for the renewal of production sharing agreement in the concerned blocks, where the duration was approaching its close.

Source: Nam News Network