Sudan Dar Blend crude slide sharply
Sunday 18 April 2010
Source: ST
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August 02,2010
The Federal Minister of Health, Dr. Abdullah Tiya Jumaa, called for the completion of medical treatment domiciliation projects, the introduction of smooth implementation programme the optimum use of resources and the adoption of prioritization system for executing these projects.
On the other hand, the Federal Health Minister disclosed that a health protocol has been agreed upon between Sudan and the Chinese government which will be signed during the forthcoming visit to Sudan by the Chinese health minister. The protocol calls for the creation of trauma and emergency section at the Chinese Friendship Hospital in Omdurman. He further disclosed that a meeting with insurance companies will be held for persuading insurance companies to contribute to the treatment of emergency medical cases resulting from disasters and injuries caused by traffic accidents. The minister called for joint efforts and coordination for completing health projects.
In another connected development, Mr. Tiya affirmed the Ministry s determination to address problems facing citizens at Southern Kordofan state, increase expenditure on health as well as the state s share in anti-malaria medicine as well as in medicines in the medicine-on-high-demand project. The Minister called for an increased education of citizens on health problems and the encouragement of citizens to participate in discussions aimed at addressing obstacles to health care at the states. |
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DOHA: Qatar is one of the leading investors in the agricultural sector in Sudan, says a former minister of irrigation of Egypt.
Mahmoud Abu Zaid is currently chairman of Arab Water Council. The Arab world is rich in water resources and agriculture. It’s lands are fertile. This is especially true of Sudan which is indeed the food basket of the Arab world |
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Posted: 18/04/2010 - 09:45
• KHARTOUM) – The Prince of Sudan’s Dar Blend heavy crude fell sharply on Friday, pressured by energy demand concerns, and ample supply of medium to heavy sweet crudes from Vietnam and Australia.
Also no big boost in demand is expected from China, Sudan’s biggest buyer.
Dar Blend crude loading in May fell to the lowest in 13 months at $14.50/b below Dated Brent, reported Platts a specialized energy news media. The differential was down from around $10/b below Dated Brent last traded for an earlier cargo loading in May.
The oil princes this week oil pulled back as concerns surrounding demand reared its head once again. The US market, world’s biggest energy consuming nation followed by number two China, is expected to reduce its needs of energy while the Euro, meanwhile, extended recent losses against the dollar on.
Malaysian Petronas’ trading entity Petco sold one million barrels of the heavy sweet, but acidic crude to Unipec this week at close to $14.50/b under North Sea crude. The cargo will load in the first half of May from Sudan’s port of Marsa Bashayer.
The last time Dar Blend was lower was in March 2009 when a cargo loading over May 7-9 changed hands at $14-15/b below Dated Brent, trade records compiled by Platts showed.
The Sudanese crude went on to reach an all-time high of $6.50/b below Dated Brent in July and August of 2009 for barrels loading over September-October.
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