The Role of Multinational Companies Investing in Oil Exploration and Extraction in Sudan

55 Pages Posted: 10 Oct 2011 Last revised: 15 Jun 2012

See all articles by Issam A.W. Mohamed

Issam A.W. Mohamed

Al-Neelain University - Department of Economics

Date Written: October 9, 2011

Abstract

The purpose of this paper is to present the role of multinational companies in general then its role in Sudan with particular emphasis on oil exploration and extraction. Chinese companies of multi-nationalities currently control the newly born oil industry in the country. Needless to say that the dire needs of the government because of its international isolation and sanctions compelled it to be subjected to bellow standards conditions in all economic and environmental aspects. The government accepted the conditions for the past twelve years. However, the secession of Southern Sudan into new country gives better re-negotiations opportunity to the newly born country. Meanwhile, the North is compelled to accept whatever conditions imposed on it for those Multinational companies, as referred before as controlled by Chinese capital and administrations. It is suggested here that the improvements that occur to the Northern Sudan's oil industry shall be carried out in new concessions provided by Western companies. However, the political sanctions still lie as barriers for such logical solution.

Note: Downloadable document is in Arabic.

Keywords: Sudan, Oil discoveries, Multinational Companies, Monopolies, Sanctions

JEL Classification: A00, A10, F2, F20, F21, F22, F23, F29

Suggested Citation

Mohamed, Issam A.W., The Role of Multinational Companies Investing in Oil Exploration and Extraction in Sudan (October 9, 2011). Available at SSRN: https://ssrn.com/abstract=1941367 or http://dx.doi.org/10.2139/ssrn.1941367

Issam A.W. Mohamed (Contact Author)

Al-Neelain University - Department of Economics ( email )

P.O. Box 12910-11111
Khartoum, Khartoum 11111
Sudan
249122548254 (Phone)

HOME PAGE: http://works.bepress.com/issamawmohamed/

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
62
Abstract Views
815
rank
412,523
PlumX Metrics