Sudan plans $16 billion investment to boost oil production capacity
Sudan is set to boost its oil production capacity by pumping half a million barrels of oil daily by the end of the year, said Sudan’s central bank governor, Abdulmonem Mahmood Al-Gosi, during a visit to Bahrain Sunday.
“We currently pump about 300,000 barrels a year, but it will skyrocket,” he said, according to DPA. He said he came to Bahrain to discuss incorporating the kingdom into Sudan's five-year plan to develop and reconstruct the country. The project is worth $16 billion, he said. (menareport.com)
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