traditional screw oil extraction in Sudan

Oil, export diversification and economic growth in Sudan

  • traditional screw oil extraction in Sudan
  • traditional screw oil extraction in Sudan
  • traditional screw oil extraction in Sudan
  • traditional screw oil extraction in Sudan

Oil, export diversification and economic growth in Sudan

Technologies for extraction of oil from oilseeds and other

Oil-induced displacement and resettlement. Social

Background: Sudan’s oil industry Business

  • When did Sudan start producing oil?
  • Significant oil production started in 1999 during the presidency of Omar Al-Bashir; shortly after, the extractive industry accounted for the vast majority of exports. Between 1999 and 2011, the years when Sudan was still in control of the oil fields currently located in South Sudan), the economy grew impressively at an average annual rate of 5.8%.
  • How does oil extraction affect ethnic and religious conflicts in Sudan?
  • The extraction of raw materials becomes a factor consolidating ethnic and religious conflicts. The extraction and transportation of oil has become a cause of large-scale displacement of the Nubian population in Sudan. We observe, therefore, forced confrontation to take control over: 1. extraction;
  • Does oil affect export diversification in Sudan?
  • Nour ( 2011 ), in her qualitative study, claims that while oil accelerated growth in Sudan, it also induced a lack of export diversification. The lack of diversification in combination with fiscal dependence on oil resulted also in substantial macroeconomic and fiscal volatility (Nour 2012; Suliman 2016 ).
  • How does Sudan benefit from its oil industry?
  • And so it benefits heavily from Sudan’s oil industry, importing billions of dollars of oil per year. (Beijing does not release exact statistics on its imports from Sudan.) The industry wasn’t always dominated by China: Chevron was the first oil company to invest in Sudan, and the French firm Total has a large concession in the south.

Maybe you will like