Sudapet
The Sudan National Petroleum Corporation, also known as Sudapet, is a state-owned oil company based in Sudan. It was founded in 1997 and is 100% owned by the Ministry for Energy and Mining (later the Ministry of Petroleum and Gas).
 | |
| Type | Government-owned |
|---|---|
| Founded | 1997 |
| Founder | Government of Sudan |
| Headquarters | , , |
Key people | Awad Alkarim (Director General) |
| Website | sudapet |
As a NOC, Sudapet has equities varying from 5% to 70% in the licensed petroleum concessions in Sudan with other foreign shareholders, in addition to a large range of petroleum associated services subsidiaries. From 2006 to 2015, Sudapet is not active in oil exploitation, but rather serves to manage revenues the Sudanese government receives from its concessions to foreign operators. At the same time there have been efforts within the government and among the company's principles to develop the resources and know-how to transform Sudapet into a fully self-sufficient enterprise in the oil exploitation space.[1]
History
In November 1997, the United States imposed sanctions against Sudan on the basis that profits from oil were being used to fuel the civil war. In February 2000, the US government extended its sanctions to include Sudapet and the Greater Nile Petroleum Operating Company (GNPOC). This was a contentious move in that Canadian international Talisman Energy was a 25% shareholder in GNPOC.[2] Later on September 2017, the United States lifted long-standing economic sanctions against Sudan.
Projects
The company is a minority stakeholder in all of its exploitation and development projects. Its activities break down as follows:
| Year started | partner | project | Block | Activity |
|---|---|---|---|---|
| 1995 | CNPCIS | 5% | 6 | New contract 2003, construction of a pipeline from Al-Fulah to Khartoum with a capacity of 200,000 barrels per day (32,000 m3/d), in production since 2004 |
| 1996 | GNPOC | 5% | 1,2,4 | building of a pipeline from Heglig to Port Sudan, exploration, producing 50,000 barrels per day (7,900 m3/d) since 1999, 290,000 per day since July 2004, planned production of 500,000 per day by 2006 (delayed due to technical difficulties) |
| 1996/1997 | WNPOC | 7% | 5A | exploration since 1999 |
| 2000 | PDOC | 8% | 3,7 | |
| 2001 | WNPOC | 11% | 5B | exploration since 2006 |
| 2003 | WNPOC | 15% | 8 | seismic exploration as of July, 2004 |
| 2003 | Sudapak | 15% | 9 | exploration 2004 |
| 2003 | APCO | 17% | C | seismic exploration since 2004 |
Acronyms:
CNPCIS:renamed to 'Petro Energy E & P'
GNPOC:Greater Nile Petroleum Operating Company
PDOC:Petrodar Operating Company
WNPOC:White Nile Petroleum Operating Company
Sudapak:Sudapak Industrial Corporation
APCO:Advanced Petroleum Company
RSPOC:Red Sea Petroleum Operating Company
CPOC:Coral Petroleum Operating Company
GSPOC:Great Sahara Petroleum Operating Company
BNPOC:Blue Nile Petroleum Operating Company
ASE:Al-Sudan Energia Petroleum Operating Company
SOPOC:Star Oil Petroleum Operating Company
RPOC:Rawat Petroleum Operating Company
See also
- Nilepet
- Sudan Khartoum Refinery Company
- Sudanese Petroleum Pipelines Holding Company
Resources
- "Summit Communications - Sudan". www.summitreports.com. Retrieved 2017-09-03.
- "Oil and Gas in Sudan - Overview". MBendi.com. Retrieved 2017-09-03.