China's National Petroleum Corporation not to cut oil production in Sudan

GMT 04:42 2016 Tuesday ,05 April

Arab Today, arab today China's National Petroleum Corporation not to cut oil production in Sudan

China's National Petroleum Corporation
Khartoum - QNA

The China's National Petroleum Corporation (CNPC) unveiled a plan to cut its oil investments and production in other countries except Sudan for the specificity of the relationship between the Sudan and the Republic of China.
The Sudanese Minister of Finance and Economic Planning Badr-Eddin Mahmoud Abbas underlined, when he met with the company's delegation headed by the Chinese Director of Accounts and Finance Liu Yu Jin, the keenness of the government of Sudan to strengthen strategic relations with China and pursuance to increase the bilateral economic cooperation through the availability of the political will at the level of the leaderships of the two countries to develop the relations to be a strategic level.
The Finance minister pledged to address all the impediments facing CNPC investment and production processes in Sudan, urging the company to increase production in the operating fields and to explore productive fields in new oil blocks in order to increase the production for the benefit of both sides.
He also appreciated the company's decision on the exception of Sudan in its plan to cut production, praising its efforts on driving oil production in the country since 1997.

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