Ghana Explores Oil & Gas  Opportunities in Sudan

Oil Tanker

Accra, October 17, 2017//-A Ghanaian delegation – led by Dr. Mohammed Amin Adam, Deputy Minister of Energy – will this week leave for the Republic of Sudan to confer with his counterpart about how the two countries can collaborate for their mutual benefit in the area of oil and gas.

Ghana started commercial oil production off-shore Cape Three Points in 2010 and has steadily increased production over the past seven years. Downstream activities have also increased, with insistence on local content in the sector by government.

The Sudanese Ambassador to Ghana, Babikir Elsiddig Mohammed Elamin, noted that the two countries can share experiences in the sector and deepen collaboration for the benefit of both countries.

The visit by the Ghanaian delegation follows the lifting of sanctions by the United States government, which came into effect on October 12, 2017.

As a result of the revocation of these sanctions, U.S persons will no longer be restrained from engaging in transactions that were previously prohibited.

The Sudanese Ambassador to Ghana, Babikir Elsiddig Mohammed Elamin, in an interview with the B&FT in Accra said: “The Sudanese leadership, its government and people, welcome the positive decision adopted by the President of the United States of America, Donald Trump. This step is considered an important milestone in the history of the Sudanese-America relations.

“The government of Sudan aims at enhancing its ties with the United States of America, and looks forward to a better future for bilateral relations between both countries in various fields.”

Sudan, classified as part of the East Africa block by the African Union, has one of the highest per capita incomes in the region.

Its economy is projected to grow at 3.4 percent in 2017 and 3.6 percent in 2018, on the back of improved performance in the non-oil sector and lifting of US sanctions. B&FT

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