Sudan’s Oil Sector Suffered Huge Losses Due to Conflict

SEATTLE (Oil Monster): According to Dr. Mohieddin Naim, Sudan's Minister of Energy and Petroleum, the country's oil industry lost almost $20 billion as a result of prolonged wars. There have been significant damages to the production facilities and infrastructure. According to him, there have also been reports of the loss of crude oil and other petroleum products that were kept in strategic reserves.

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The Khartoum Refinery, the nation's main oil processing plant, has been badly damaged. The refinery's operations have completely ceased due to the war. The Al Jayli refinery, the biggest oil processing plant in the nation, has sustained significant damage as a result of the strikes, which have caused massive fires. Additionally, about 210,000 barrels of crude oil have been lost as a result of the destruction of the crude oil store.

The Minister reaffirmed the government's determination to restore the Khartoum Refinery to its previous condition. In Port Sudan, it also intends to build a new refining complex. In an effort to draw investment to its oil industry, the government is also in discussions with nations like China and India. The Minister went on to say that the refinery's renovation and cooperation with foreign partners would revitalize the nation's oil industry.