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Saudi firms keen on investing in Sudan oil industry

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sandy

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Jan 6, 2013, 5:31:20 AM1/6/13
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A group of Saudi companies have expressed their keeness to invest in Sudan oil industry after a meeting between Minister of Petroleum Dr. Awad Ahmed Al-Jaz and a delegation from the office of Prince Fahd bin Muqrin bin Abdul Aziz, where his Special Adviser Ayman Al-Rifai conveyed the desire of a number of Saudi companies to enter the industry, Sudan Vision reported Saturday.
Al-Rifai pointed out to the promising possibilities that Sudan enjoys and the efforts to develop the oil industry.
Other companies including Hamid Salih Al-Rashid Company and the United Arab Mining Company, also expressed desire to enter into the petroleum industry.
The Executive Director of Mining Company Engineer Fadl-a-Hag described investment opportunities in mining field in Sudan as attractive.
Al-Jaz welcomed Saudi investments, pointing to the Saudi long history in the field of petroleum.
He also stressed the endeavor of his ministry to increase production and development of oil industry, and called on Saudi companies to engage in the development of Port Sudan and Al-Obeid refineries to increase refining capacity in the country.
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