Minister of Oil, Gas and Minerals Azhari Abdul Qader
Sudan signs an agreement with Russian companies to build a refinery on the Red Sea
This post is also available in:
Sudan’s Ministry of Oil, Gas and Minerals, has announced it signed on Thursday an agreement with Russian companies to build a refinery on the Red Sea in Port Sudan with a capacity of 222,000 barrels per day.
It did not name the companies.
Politically, Russia is seen as a major ally of the government of al-Bashir that faces isolation from the West. However, economic cooperation between the two countries has remained very low, with a trade balance that does not exceed $400 million.
In December 2015, Sudan and Russia signed 14 cooperation agreements in different domains, including oil, minerals and banks.
The agreements also include a concession contract between Sudan and the Russian Rus Geology to prospect for oil in Sudan’s Bloc E57 and another accord for the geological mapping of the Jebel Moya area, North Kordofan State.