Friday, 25 January 2013

Sudan and South Sudan Oil and Gas Report Q1 2013

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Sudan and South Sudan Oil and Gas Report Q1 2013
Jan 25th 2013, 00:00

The restart of oil production from Sudan''s oil fields is a positive development, though we highlight that damaged fields, infrastructure, and technical challenges pose downside risks to the nearterm recovery of volumes. While we expect production to recover to pre-crisis levels, we believe this will not take place until 2016 when output reaches 448,990b/d. Although Sudan was able to successfully issue new licences, we are more optimistic regarding South Sudan''s oil potential, with the latest agreement potentially a prelude to increased upstream activity in the country.The main trends and developments we highlight for Sudan and South Sudan''s oil and gas sector...

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