by Brendan Lalor
While Sudan has been in the news of late on account of somewhat meager U.N. and U.S. efforts to address the genocide, what’s less often reported are Sudan’s oil reserves. Here’s what the Energy Information Administration of the U.S. Department of Energy reported as of July, 2004:
With the completion of a major oil export pipeline in July 1999, Sudanese crude oil production and exports have risen rapidly over the past few years. Sudan’s estimated oil reserves have doubled since 2001, with crude production reaching an estimated 345,000 barrels per day (bbl/d) in June 2004. Energy Minister Awad al-Jaz said in May 2004 that he expected crude production to reach 500,000 bbl/d in 2005.
Wow! There are humanitarian and energy security reasons to be interested in stabilizing Sudan.