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China eyes greater oil stake in Sudan

Special to World Tribune.com
MIDDLE EAST NEWSLINE
Tuesday, June 11, 2002

The United States said China could expand its oil interests in Sudan.

U.S. officials said China is willing to replace any firm that leaves war-torn southern Sudan. The oil areas in the south have been the target of Sudanese rebels.

"We don't foresee anything stopping the Chinese from increasing their equity participation in the oil, and I think it probably would be increasingly problematic if they were the dominant player," Assistant Secretary of State Walter Kansteiner told a House International Relations subcommittee on June 5.

The Bush administration has opposed a House bill that would force U.S. companies and individuals to disclose their investments in Sudan.

Administration officials said such a measure could hurt Washington's attempt to reconcile with Sudan.

Officials said the Chinese would seek to replace the Canadian firm Talisman, which has a significant stake in Sudanese oil exploration and production. Talisman has been under pressure from human rights groups to leave Sudan.

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