good performance press oil in sudan

                                               
                                               
                                               
                                               
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  • How much oil does Sudan produce a day?
  • In 2021, its oil fields produced 59,000 barrels per day (bpd). The Sudan Oil Refinery has the capacity to refine 90-95,000 bpd. The Sudanese government also receives an in-kind royalty payment of 14,000 bpd from the government of South Sudan for oil pipeline transit rights to Port Sudan. Sudan’s oil sector suffers from years of underinvestment.
  • How can Sudan improve its oil sector?
  • Sudan’s oil sector suffers from years of underinvestment. The sector’s productive capacity could be boosted with the introduction of improved technology, staff capacity building, and modernization of existing physical plants.
  • When did Sudan start producing oil?
  • Significant oil production started in 1999 during the presidency of Omar Al-Bashir; shortly after, the extractive industry accounted for the vast majority of exports. Between 1999 and 2011, the years when Sudan was still in control of the oil fields currently located in South Sudan), the economy grew impressively at an average annual rate of 5.8%.
  • Is Sudan an oil-rich or oil-dependent economy?
  • Sudan is a particularly interesting case to examine. Sudan was not always an oil-rich or oil-dependent economy. Significant oil production started in 1999 during the presidency of Omar Al-Bashir; shortly after, the extractive industry accounted for the vast majority of exports.