Oil Minister Meets Australian Ambassador

2019-01-24 17:40:45.000 | view 980 | share : |

Khartoum, Jan. 24 (SUNA) – The Minister of Oil, Gas and Minerals Engineer Azhari Abdul-Qadir said that the current time was considered as one of the most appropriate times for foreign investments in the country after the lifting of the US sanctions and the trade boycott imposed on Sudan since 1997, which constituted the major obstacle to foreign investment in the country "This climate will encourage international companies, especially the Australian, to enter into partnerships in the mining and oil sectors." The minister said when he met with the Australian Ambassador to Sudan Glenn Miles, adding Sudan has proven oil reserves of more than 1.6 billion barrels with proven natural gas reserves. The minister pointed out that the mining was an important economic source of income to the state, gold in particular, referring to the increasing demand for exploration, where the mining sector is currently contributing at about 80% of the total production in the country and the number of workers in this sector about 2000,000 of the traditional miners. He revealed the need of the sector to the exchange of experiences with the leading countries in this field, especially Australia, by benefiting from its accumulated experience over the past decades, calling on the Australian companies to enter the mining and oil sectors through investment opportunities, which are now available in Sudan. The Ambassador affirmed his country's readiness to assist Sudan in the fields of exchange, transfer of expertise and training of cadres working in the sector, in addition to the establishment of joint projects, pointing out that the vast areas of Sudan is one of the advantages that enable the establishment of large-scale projects, expressing the desire of Australian companies to explore the oil sector in Sudan.