Sudan’s Finance Minister, Gibril Ibrahim, says the country’s oil production has fallen sharply from 500,000 barrels per day to under 30,000 since South Sudan’s secession in 2011.
Speaking at the Russian Energy Week Forum in Moscow, Ibrahim said Sudan lost most of its reserves after the split, dropping from about five billion barrels to 1.5 billion.
He added that output could rise to 180,000 barrels a day with the help of foreign partners “who have the technology.”
According to the International Energy Agency, Sudan’s crude exports declined by 84% between 2000 and 2023, largely due to the secession.
While South Sudan took most of the oil fields, it remains dependent on Sudan’s pipelines to export crude through Port Sudan on the Red Sea.
Both nations recently signed a new agreement to secure key oil facilities amid Sudan’s ongoing civil conflict.
