Sudan National Petroleum Corporation
The Sudan National Petroleum Corporation (short Sudapet ) is a state-owned oil company of Sudan , based in Khartoum .
The company was founded in 1997 and is 100% owned by the Ministry of Energy and Mining.
At present (as of 2006) Sudapet itself is not actively involved in the oil industry, but only serves the participation of the Sudanese government in the oil profits. However, there are efforts within the government and on the company's board of directors to gradually acquire the resources and techniques for independent exploration and production and to develop Sudapet into a full-fledged oil company.
Shares
The company is a minority partner in all active oil exploration and extraction agreements. The shares are distributed as follows:
| Conclusion of contract | Joint venture | proportion of | block | activity |
|---|---|---|---|---|
| 1995 | CNPCIS | 5% | 6th | Contract amended in 2003, construction of a pipeline from al-Fula to Khartoum with a capacity of 200,000 barrels per day, production since 2004 |
| 1996 | GNPOC | 5% | 1,2,4 | Construction of the pipeline from Heglig to Port Sudan , exploration, production of 50,000 barrels per day since 1999, production of 290,000 barrels per day since July 2004, production of 500,000 barrels per day planned since April 2006 (delayed due to technical difficulties) |
| 1996/1997 | WNPOC | 7% | 5A | Exploration since 1999 |
| 2000 | PDOC | 8th % | 3.7 | |
| 2001 | WNPOC | 11% | 5B | Exploration since 2006 |
| 2003 | WNPOC | 15% | 8th | seismic exploration since July 2004 |
| 2003 | Sudapak | 15% | 9 | Exploration since 2004 |
| 2003 | APCO | 17% | C. | seismic exploration since 2004 |
| 2007 | Name unknown | 10% | B. | Total explored this block in the 1980s but suspended its activities from 1985 to 2004 because of the Civil War in South Sudan . Since 2004, White Nile Limited had received the rights to the Ba sub-block from the SPLA , which formed the autonomous government in South Sudan after the peace treaty with the central government . The agreement with White Nile was terminated at the end of June 2007 and Total's older rights were confirmed. The holding company of the government of the autonomous region of South Sudan Nilepet was awarded a 10% stake in the new consortium. |
Individual evidence
- ↑ National www.summitreports.com "oil company looks towards the future"
- ↑ June 6, 2007 - Sudan Tribune: "White Nile oil company loses drilling rights in Sudan oil field"