Sudan: Most of Sudan's Oil Opportunities Have Vanished, IMF Says


Oct 5, 2016 | Daniel J. Graeber, United Press International
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Fragility in Sudan brought on by regional conflicts is exacerbated by the loss of most of its oil export potential, the International Monetary Fund said. Sudan as a united country started producing oil in the 1990s, though the division of Sudan and South Sudan in 2011 left most of the oil fields straddling the new border. The split resulted in a loss of Sudan's oil export revenue, which is down about 80 percent from before South Sudan became a nation.