Greater Nile Petroleum Operating Company
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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]
Civilian displacement started in the mid-1980s.[citation needed]
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[edit] Stakeholders
GNPOC is a joint operating company owned by:
- China National Petroleum Corporation: 40%
- Petronas Carigall Overseas of Malaysia: 30%
- ONGC Videsh (the overseas arm of ONGC) of India: 25%
- Sudapet of Sudan: 5%
Both Gulf Petroleum and Al Thani Corporation 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]
[edit] See also
[edit] References
- ^ GNPOC no date, 'Project overview', www.gnpoc.com. Retrieved on 6 March 2008.
- ^ Anon 2005, 'Focus on diplomacy and Sudan', APS Diplomat News Service, 15 August. Retrieved on 6 March 2008.
- ^ APS Review Downstream Trends 2007, 'SUDAN: The oil sector', www.entrepreneur.com, 29 October. Retrieved on 5 March 2008.