Saudi Arabia has agreed to supply oil to Sudan at preferential prices for five years to make up for the country’s declining output, according to Sudan's oil minister Abdel Rahman Osman. Riyadh will ship 1.8mn tons a year (34,000 b/d if crude), the minister told reporters on 7 May.
Mr Osman did not specify whether the oil in question was crude or refined products. Sudan’s crude production fell to just 75,000 b/d in early 2018, from 115,000 b/d in 2014 (MEES, 16 March). The country has been suffering a fuel crisis for several months, leading recently to increasing social unrest. If crude is imported it will likely be processed at the 100,000 b/d Khartoum refinery. (CONTINUED - 381 WORDS)
