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Updated Friday, August 20, 2010 12:03 am TWN, AFP

Sudan expecting sharp hike in oil output by next year: minister

KHARTOUM -- Sudan expects to increase its oil production by up to one-third by next year, taking it to as high as 600,000 barrels per day, the country's new oil minister said on Wednesday. Lual Deng said current average output is now between 450,000 and 470,000 bpd from the two blends — Nile and Dar.

“For next year, all things being equal, we expect between 500,000 and 600,000. We are aiming at 650,000” bpd. By comparison, output in Nigeria, Africa's largest producer, averaged 2.2 million bpd in 2009. Sudan has an estimated six billion barrels of oil reserves.

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