Project ID: 2448

China pledges to loan $230 million to Sudan in oil and gas projects

Pledged amount

$ 299854453.3

Constant 2017 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Sudan

Sector

Energy (Code: 230)

Flow type

Loan

Concessional

Vague

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2009

Description

On November 17, 2009, it was reported that China signed an agreement loaning $230 million to the Government of Sudan for unspecified oil and gas projects. It is unclear whether these funds were actually committed or disbursed. At the same meeting, officials signed an 80 million RMB grant (see Project #2449).

Number of official sources

1

Number of unofficial sources

4

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Sudan [Government Agency]

Implementing agencies [Type]

China National Petroleum Corporation (CNPC) [State-owned Company]; Sudan Ministry of Energy and Mineral Resources [Government Agency]

Loan type

No Information

Gurarantee provided

No

Insurance provided

No