SUDAN’S OIL INDUSTRY
Facts and Analysis, April 2008

1 COUNTRY PROFILE 05
1.1 Conflict, Peace and Oil 05
1.2 Economy 08
1.3 CPA and Oil-related Provisions 12
2 SUDAN’S OIL INDUSTRY 16
2.1 Consortia, Oil Companies 16
and Blocks
2.2 Asia Leads 18
2.3 Chronology of Oil Development 18
2.4 Infrastructure 19
2.5 Sudan’s Potential 21
2.6 Oil Reserves 21
2.7 Production 23
2.8 Costs 25
2.9 Oil Export 25
2.10 Exploration and Production 26
Sharing Agreement
2.11 Profits 27
2.12 Revenue Sharing 29
2.13 Nile Blend versus Dar Blend 30
3 KEY ISSUES 31
3.1 Destruction and Displacement 31
3.2 Compensation 32
3.3 Deep Poverty, no Service, 32
no Employment
3.4 Environmental Impact 33
3.5 Revenue Sharing 34
and Transparency
3.6 Contested Blocks 34
3.7 Border Demarcation 35
3.8 Darfur 36
3.9 Divestment or Engagement 36
4 ECOS BUSINESS PRINCIPLES 37
5 REFERENCES 41
6 LIST OF ABBREVIATIONS 42
FIGURES
1 IMF Selected Economic Indicators, 08
2001-2007
2 Direction of Exports 09
3 Oil Company and Consortia 16
4 Africa’s Oil Reserves 18
5 Pipelines 20
6 Sudan’s Oil Reserves 21
7 Sudan’s Oil Production and 23
Consumption, 1980-2005
8 Production of Oil Crudes, 2006 23
9 Estimated and Expected 24
Oil Production 1997-2016
10 Key Field Capital Expenditures 24
11 Oil Exports 25
12 Oil Exports 2002-2007 25
13 Prevailing Split in GNPOC Contract 26
14 Oil Revenue Split 26
15 ONGC Nile Ganga BV Account 27
16 Composition of ONGC Nila 28
Ganga BV´s Income and Expenses
17 GOSS Export Revenue Share 29
18 GOSS Revenues from 29
non-Exported Crude
BOXES
1 Sanctions and Embargoes on 11
Sudan
2 Total versus White Nile 34
3 Dispute over Abyei 35