What is "sudapet"

The Sudan National Petroleum Corporation, also known as Sudapet, is a state-owned oil company based in Sudan. It was founded in 1997 and is 100% owned by the Ministry for Energy and Mining.

As of 2006 Sudapet is not active in oil exploitation, but rather serves to manage revenues the Sudanese government receives from its concessions to foreign operators. At the same time there have been efforts within the government and among the company's principles to develop the resources and know-how to transform Sudapet into a fully self-sufficient enterprise in the oil exploitation space.