Sudan, a landlocked country of 45 million people, is emerging from decades of sanctions with an ambitious investment push. Currently, Sudan has more than $ 23 billion in active projects in the Oil and Gas, Transport and Energy sectors.
Sudan's Ministry of Energy and Petroleum opened the tender to build and operate the $ 800 million Al Fula thermal power plant, with the winning company announced in March 2022.
The 460MW thermal power plant will produce 350 tonnes of liquefied petroleum gas (LPG) for local cooking gas demand and more than 3,000 barrels of condensate per day. The scope includes the construction of a gas pipeline and a gas treatment plant to feed the plant. The Kuwait Fund for Arab Economic Development will provide financing for the project.
Khartoum Refinery Company JV, a venture between Sudanese Petroleum Corporation (90%) and China National Petroleum Corporation (10%), plans a $3 billion expansion for the Khartoum refinery. In March of this year, the refinery was closed. Construction work will begin in July 2022 and continue until 2025.
The refinery processes indigenous Sudanese crude oil to meet the country's demands. The refinery came into operation in 2000 with a daily capacity of 100,000 barrels of oil per day. The expansion will double processing capacity.
An investment of $6 billion in solar power plants across the country is also being considered. Funded by the Abu Dhabi Development Fund, the initiative will increase Sudan's energy capacity by 500 MW.
Construction of the new $1.2 billion Khartoum International Airport resumed in June to make the airport capable of initially handling 6 million passengers a year within its 86,000 square meter terminal building for phase one. Financed by The Export-Import Bank of China for Sudan Airports Holding Company, the development will include two runways of 4 km each to handle the double-decker Airbus A380, the passenger terminal and a 300-room airport hotel.
Source: ABIConsulting