Tuesday, March 4, 2008

Oil

Oil in Sudan
• In the 1970’s oil was discovered in southern Sudan.
• Sudan has an estimated $45-billion (U.S.) in oil reserves.
• In 2001, Khartoum sold $580 million dollars worth of oil, 60% of it went to the military to buy weapons from other countries.
• The Canadian-based Talisman Energy was one of the first companies to exploit Sudanese oil, paying Khartoum more than $1 million a day in money.
• The estimated oil revenue for the Sudanese government is $1,000,000 per day.
• Estimated oil reverses in Sudan range from 300 million to 3 billion barrels.

-Patrick Traverse

1 comment:

Max Wiese said...

Too true Pat, too true. Oil is mentioned a lot in What is the What as a war cause. there should be a peacable way to divide it up.