oil industry

Industries

Benefits and Challenges of Sudan Oil

The discovery of petroleum and the associated products in many countries is believed to have numerous benefits. However, this does not mean that there are no challenges associated with some of the discoveries. As a matter of fact, many countries rich in different minerals suffer from political unrest, and Sudan is not an exception.

Superior Energy

petroleum

Although oil is not a renewable energy source, the truth is that it is the most trusted in the world. It is correct to say that countries with large oil deposits control the world’s economics in one way or the other. Take an example of a situation where the prices of oil go high. It means that every country will bear the burden because the prices of different essential commodities will go high. Therefore, it is correct to say that Sudan is among the many countries that greatly influence the world’s economy.

Economic Success

economic growth

One of the benefits that any country that has large deposits of oil enjoys is economic success. Oil is a commodity with high demand in the market as it controls nearly every sector of the world economy. For instance, goods and raw materials for the industry will not get to their destinations without oil. This is why many countries with oil tend to be more successful when it comes to economic matters. The oil in Sudan has contributed immensely to the economic success of the country.

Creation of Jobs

People depend on various economic activities to generate a living. For instance, some countries like Kenya rely greatly on the Agricultural sector to provide a living for their citizens. Countries that have large deposits of oil, Sudan included have an extra source of employment for its people. The oil industry is a large one demand a wide range of experts. For instance, engineers are required during the mining process.workers in a petroleum refinery

The transportation sector also has its share. When people in a country have jobs, they can feed themselves, and therefore, vices such as robbery are not common. Other benefits that most countries that have large deposits of oil include creating new habits as different cultures from different parts of the world settle in the country.…