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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Tomas who wrote (2717)	9/4/2001 10:56:38 AM
From: Tomas	Read Replies (1) of 2742

Sudan sets many of its public sector companies for sale Arabic News, September 3 The Sudanese minister of finance Abdul Rahman Ibrahim has set several Sudanese public companies and sectors for direct sale or making them as share- holders companies. During the joint forum for Sudanese and Turkish businessmen and investors on Saturday, the Sudanese minister said that naval and airlines, the sectors of electricity, the waters and telecommunications and cement industry in Sudan are available for investors via direct sale or through joining share-holder companies. He added that Sudan, at the meantime, is producing 220,000 barrels of oil per day and only from one oil field and that work is underway in four oil fields to increase the country's oil exports. He expected Sudan's oil production to reach 450,000 barrels every day. The Sudanese finance minister called for encouraging foreign investments in Sudan and to concentrate on heavy industries and improve textile, leather and sugar industries and expand oil industries. Worthy mentioning that the delegation of the Turkish businessmen and investors, currently visiting Sudan is studying investment opportunities in the industrial fields. There are four companies working in the field of Sudanese oil exploration and production fields that signed among them on Saturday an agreement under the name of the federation of " the Petrodar." arabicnews.com

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