A Tale Of Two Sudanshttps://ae.zawya.com/story/A_Tale_Of_Two_Sudans-ZAWYA20121218073853/
CHINESE INFLUENCE
The Chinese could wield some influence in bringing the two parties together, especially as the Asian giant has huge investments in the country.
Chinese companies led the development of the Sudanese oil sector, led by the China National Petroleum Company (CNPC). Not only was CNPC the main developer of the fields, but also in the construction of the pipeline to Port Sudan.
Other resource companies also believe in the long-term potential of the two Sudans.
Canaco Resources Inc., a Toronto-listed company, bought Shark Minerals Inc. on December 17, lured by its massive acreage in Sudan.
The company is currently focused on exploring the Galat Sufur Project, a 20,020 square kilometre land package in northern Sudan near the border with Egypt that forms part of the Arabian-Nubian Shield, also known as Galat Sufur.
"Galat Sufur has had little, if any, modern exploration activity prior to Shark and is considered prospective with many artisanal miners active within the region," the company said in a statement. "Shark has been exploring Galat Sufur for the past 12 months and has identified several drill targets and an initial drill program is under way."
In addition, Shark controls the 4,846 square kilometre Ghazal Project near the Eritrean border in north-eastern Sudan.
Sudan is also looking to seal loans and financing agreements worth USD4-billion in the New Year, according to Suna, the state news agency