Sudan and Saudi Arabia agree on refinery upgrades
Sudan and Saudi Arabia signed a memorandum of understanding to rehabilitate the Khartoum refinery and establish a new refinery in Port Sudan, aiming to enhance local refining capacities and Saudi investments in Sudan’s oil sector. The initiative includes substantial refining capacities, with the partnership working to overcome obstacles to reach a final agreement and commence implementation, though the amounts of investments and timelines have not been disclosed. This step is part of the Saudi Tuwaig Group's expansion into the oil sector and investments in Sudan.
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