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

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To: Tomas who wrote (1265)8/31/1999 5:35:00 AM
From: Tomas  Read Replies (1) of 2742
 
Sudan: The state's share in the produced oil will be 40% in the first four years, and will then jump to around 80% of the total production.

From Sudan Ministry of External Relations, Daily English News Bulletin, August 29

Secretary General of the Energy and Mining Ministry, Engineer Hassan Mohamed Ali, pointed out that the state's share in the produced oil will be 40% in the first four years, adding that the state share will then jump to around 80% of the total production.

Meanwhile, the ministry's Secretary General said that the Ministry of Energy and Mining has set up a number of infrastructural projects toward approaching the era of oil production. He indicated that the Sudanese oil is of high quality.
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