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

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To: Tomas who wrote (1163)6/30/1999 9:25:00 AM
From: Tomas  Read Replies (1) of 2742
 
Sudan's first private sector oil refinery inaugurated

KHARTOUM, June 30 (AFP) - Sudanese President Omar al-Beshir
Wednesday inaugurated the country's first private sector oil
refinery in the Khartoum suburb of Al-Shajarah.

Concorp refinery is owned by Sudanese businessman Mohamed
Abdallah Jar al-Nabi who in 1992 bought concessions of the American
oil company Chevron in Sudan.

The refinery, which cost 15 million dollars, will refine 10,000
barrels per day, producing an annual 80,000 tonnes of naphtha,
62,000 tonnes of kerosene, 127,000 tonnes of gasoline and 163,000
tonnes of fuel oil.

At the end of last month Beshir inaugurated a one billion dollar
oil export pipeline in the central town of Higleig that will carry
the country's oil to the specially built Red Sea harbour of
Beshair.

The 1,600-kilometer (1,000-mile) pipeline, costing about one
billion dollars, was built by a consortium of Chinese, German,
Argentine, British and Malaysian companies with a total pumping
capacity of 450,000 barrels per day (bpd), according to sources in
the energy and mining ministry.

Initially, the pipeline, which is 28 inches (70 centimeters) in
diameter, will pump 150,000 bpd, the sources said.
The opening of the Concorp refinery was part of the 10th
anniversary celebrations of the coup which brought Beshir to power.
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