The Minister of Oil and Gas Dr. Mohamed Zayid Awad has revealed desire of the US General Electric Corporation in access to Sudan to invest in a number of vital areas such as energy, transport, aviation, health and oil as well as the work to provide necessary funds as the company enjoys high global expertise in all the mentioned fields
This came when he received a high-level delegation from the General Electric Corporation, headed by its Chief Executive for North East Africa Engineer Ayman Khatab.
The minister pointed to the investment boom in the oil and gas sector in the coming period as a result of the improvement in the global oil prices and the lift of the US embargo on Sudan, reviewing the most promising opportunities in the oil and gas sector in the field of exploration and production as well as the processing of the gas associated with the oil productive fields, construction of refineries and storage as well as the construction of oil installations including pipelines to transport crude oil and petroleum productions to link all the cities of Sudan and the places of consumption such as the agro- industrial sector according to the ministry's plan.
Dr. Awad stressed that the ministry has prepared all the data and feasibility studies for all the investment projects in the oil and gas sector, touching on the ministry's plan to bid the global tender in the coming period.
For his part, Engineer Khatab called for getting acquainted with the priorities of the oil and gas sector in order to invest in it, revealing they possess modern technologies and capabilities for staff training and capacity building.
Source: SUNA
GMT 17:47 2018 Monday ,15 January
‘Negative’ outlook for Gulf sovereign ratings in 2018, says Moody’sGMT 19:27 2018 Sunday ,07 January
UAE pledges to distribute 70% of VAT proceeds to help fund community projectsGMT 19:21 2018 Sunday ,07 January
Surge in foreign fund inflows sets stage for Egyptian boomGMT 19:15 2018 Sunday ,07 January
Iraq to export Kirkuk oil to Iran before January-endGMT 11:35 2018 Wednesday ,03 January
Saudi Food and Drug Authority: No VAT on human medicines, vitamins, and registered medical equipmentGMT 10:00 2018 Wednesday ,03 January
Saudi Customs launches Approved Economic Operator programGMT 07:30 2018 Wednesday ,03 January
Morocco’s 2017 Economic Growth: GDP on the Rise, Investment in DeclineGMT 18:33 2018 Monday ,01 January
No New Year cheer for UAE property marketMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor