An official in New Delhi said a special envoy was sent to Sudan and South Sudan to protect national oil interests in the region. South Sudan gained access to most of the oil fields in the region when it became an independent country in July. Sudan, however, controls most of the oil export routes. The Indian Foreign Ministry has sent an envoy to the region to assess the status of the oil sector and the security situation, the Economic Times of India reports. \"It became essential to send a special envoy to South Sudan and Sudan to promote India\'s interests as more investments by Indian companies, running into billions of dollars more, are in the pipeline,\" a government source told the news agency. Tensions between both Sudans have escalated since July because of ethnic fighting, disputes over oil and border demarcation. The news service notes that India\'s ONGC Videsh Ltd. invested close to $3 billion in a united Sudan. Beijing, which the news service said is locked in a \"fierce geopolitical battle\" for African oil, dispatched its own special envoy to the region earlier this year.
GMT 22:17 2018 Monday ,22 January
Opec output cuts near victoryGMT 22:57 2018 Saturday ,20 January
the literary canary in India's coalmineGMT 07:11 2018 Friday ,19 January
Oil market heads towards 'smooth rebalancing': OPECGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 15:44 2018 Saturday ,13 January
Bahrain to host MERTC 2018GMT 18:24 2018 Friday ,12 January
No need to panic over $70 oil price: UAE Energy MinisterGMT 13:21 2018 Friday ,12 January
Kuwaiti oil price up 93 cents to stand at US$66.09 per barrelMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor