Greater Nile Petroleum Operating Company

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Greater Nile Petroleum Operating Company
TypeJoint venture
IndustryOil and gas industry
Founded18 June 1997 (1997-06-18)
Headquarters
Khartoum
,
Sudan
Key people
 (President)
(VP)
ProductsPetroleum
Websitewww.gnpoc.com Edit this on Wikidata

The Greater Nile Petroleum Operating Company (GNPOC) is a petroleum exploration and production company operating in Sudan. It was incorporated on 18 June 1997 and undertook construction of the Greater Nile Oil Pipeline which links Sudan's inland oil fields with refineries at Khartoum and Port Sudan.

The GNPOC concession in the Western Upper Nile area includes the large Unity and Heglig oil fields plus smaller fields at El Toor, El Noor, Toma South, Bamboo, Munga and Diffra.[1]

Stakeholders[]

GNPOC is a owned by:

Both and formerly owned a 5% share each. Canadian company Talisman Energy (previously known as Arakis) was an original stakeholder. Its share was sold to ONGC Videsh in 2003.[2][3]

The U.S. government imposed economic sanctions against Sudan in 1997, due to the Sudanese government's alleged sponsorship of international terrorism and poor human rights record. The sanctions prohibited trade between the United States and Sudan, as well as investment by U.S. businesses in Sudan. In February 2000, the U.S. government extended its sanctions to include Sudapet and GNPOC.[4] These sanctions were lifted after the Sudanese revolution of 2018/19 and ensuing negotiations between the two governments at the end of 2020.[5]

See also[]

References[]

  1. ^ GNPOC no date, 'Project overview' Archived 2008-02-16 at the Wayback Machine, www.gnpoc.com. Retrieved on 6 March 2008.
  2. ^ Anon 2005, 'Focus on diplomacy and Sudan', APS Diplomat News Service, 15 August. Retrieved on 6 March 2008.
  3. ^ APS Review Downstream Trends 2007, 'SUDAN: The oil sector', www.entrepreneur.com, 29 October. Retrieved on 5 March 2008.
  4. ^ "Oil and Gas in Sudan - Overview". MBendi.com. Archived from the original on 2017-01-10. Retrieved 2017-09-03.
  5. ^ "US Government Removes Sudan from State Sponsor of Terrorism list – Sanctions & Export Controls Update". sanctionsnews.bakermckenzie.com. Retrieved 2021-05-19.

External links[]

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