Sudan to Increase Oil Production

MANAMA, 31 May 2004 — Sudan is to increase its oil production capacity by pumping half a million barrels of oil daily by the end of the year, said Sudan’s central bank governor, Abdulmonem Mahmood Al-Gosi, during a visit to Bahrain yesterday. “We currently pump about 300,000 barrels a year, but it will skyrocket,” said the first governor at the Bank of Sudan, its central bank, Al-Gosi. We are here to discuss incorporating Bahrain into our five-year plan to develop and reconstruct Sudan. The project is worth $16 billion, he said.