U.S. oil giant Chevron, as the first foreign company to invest in the oil sector in Sudan, conducted extensive onshore exploration activities from 1974 onward, mapping out the Muglad and Melut basins, with major discoveries at Bentiu (later renamed Unity), Heglig and Adar Yale oil fields.
Why are oil pipelines built in Sudan?
Oil pipelines were built to bring oil from the south to the northern port for export. Two pipelines are currently running from the oil fields in the south to the Bashayer Marine Terminal in Port of Sudan or to oil refineries in Khartoum.
Why did Sudan develop refinery capacity?
Sudan developed refinery capacity to extend its value chain. In 1996, CNPC and Sudanese Petroleum Corporation (SPC) jointly built the Khartoum Refinery Co. Ltd (KRC) to produce fuel products domestically. With the rapid growth of crude oil production, refinery capacity was expanded to 100,000 bpd in 2006.
How much oil does Sudan have?
According to BP Statistical Review of World Energy for 2019, Sudan¡¯s proven oil reserves at end-2018 are at 1500 million barrels only, with a low recovery to production ratio of 41.1. Figure 1. Source: U.S. Energy Information Administration. 6. An Oil Agreement between Sudan and South Sudan was signed as one component of the secession agreement.