Regulations
This section reviews the specifications of gasoline in Sudan. Laws and regulations for Sudan’s petroleum industry are, generally, a framework that leaves particular provisions to regulations and agreements with investors.
The laws that governed the petroleum industry in Sudan before 1998 were the Petroleum Resources Act of 1972 and the Petroleum Resources Regulations of 1973. These regulations do not enable the State to control and manage its petroleum resources in its best interests.
In 1998, the Current Petroleum Wealth Act was issued. It provides for:
•A framework Act that leaves details to regulations
•Ownership of petroleum resources by the State of Sudan
•Establishment of the Sudanese Petroleum Corporation, the entity entrusted with management of petroleum resources
•Definition of petroleum operations (upstream and downstream)