IMF: Sudan Output At 120,000 b/d In 2012
Sudan’s crude oil production – the majority of which was lost with South Sudan’s secession last year – is not likely to exceed 120,000 b/d this year, the International Monetary Fund (IMF) said on 6 November.
Sudan had over the past decade enjoyed a marked increase in its oil production, bringing with it improved growth rates, a better average standard of living, and improved revenue streams....