‘Oil anxiety’ mounts among investors

..as countries in the region look to Sudan and prospective investors in the oil sector queue for a slice of the pie, there is a growing concern that the delay in implementation of the comprehensive peace agreement (CPA) signed in January last year, could disrupt the development of the petroleum sector in Sudan.

Of great concern is that there may be no major new investments in the sector for the remaining five years of the interim period, as investors cautiously wait for the results of the referendum and until the issue of the secession of the south is put to rest.

The EastAfrican