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FINANCIAL NEWS
Sudan oil revenues reach $1.6b in H1
27 Sep 2010
(MENAFN) The Petroleum Department of Sudan’s southern government said that Sudanese oil revenues have increased in the first half of this year to $1.6 billion, Kuna reported.
Sudanese oil output rose to 39.3 million barrels in the January-June period, a jump of 74.8 percent when compared with same period of last year when it reached 22.4 million barrels.
The central government’s share of revenues accumulated to $901.7 million, while the southern government share reached $724.5 million.
Sudan began producing oil in 1998, with a daily 150,000 barrels, which currently increased to half a million a day.
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