Economy / Sudan
Lundin Joins Hunt For Oil
March 2008 | Ratings UpdateThe fragile coalition government faces many challenges. The border demarcation has obvious potential for fall-out, particularly as over 70% of Sudan's oil production takes place in the south, and the formation of joint military units poses another major risk, as relations between the North and South forces are hardly friendly. With a UN peace-keeping mission taking over from the African Union in Darfur at the beginning of 2008, there is little expectation that the security situation there will improve rapidly. Sudan has been able to obstruct the UN partly because it has retained the strong support of China, a permanent
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