Sudan Govt Reverses Decision to Raise Price of Cooking Gas

Protesters hold flags and chant slogans as they march against the Sudanese military's recent seizure of power and ousting of the civilian government, in the streets of the capital Khartoum, Sudan October 30, 2021. (Reuters)
Protesters hold flags and chant slogans as they march against the Sudanese military's recent seizure of power and ousting of the civilian government, in the streets of the capital Khartoum, Sudan October 30, 2021. (Reuters)
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Sudan Govt Reverses Decision to Raise Price of Cooking Gas

Protesters hold flags and chant slogans as they march against the Sudanese military's recent seizure of power and ousting of the civilian government, in the streets of the capital Khartoum, Sudan October 30, 2021. (Reuters)
Protesters hold flags and chant slogans as they march against the Sudanese military's recent seizure of power and ousting of the civilian government, in the streets of the capital Khartoum, Sudan October 30, 2021. (Reuters)

The Sudanese government reversed on Sunday a decision to raise the price of cooking gas only a few hours after announcing the hike.

In a statement reported by Sudan’s official news agency SUNA, the Ministry of Energy and Oil announced a new rise in cooking gas prices for the second time this month.

However, it announced it was reversing the decision later that day, in line with directives issued by the Transitional Sovereign Council and the Finance Ministry.

The transitional government had launched in 2020 tough economic reforms backed by the World Bank.

They include lifting subsidies on fuel, canceling the customs dollar exchange rate and increasing the cost of electricity, but it kept a reasonable gas subsidy, Sudan Tribune reported.

Regular protests have rocked the northeast African country since army chief Abdel Fattah al-Burhan led a military takeover in October, sparking international condemnation.

The move derailed a transition painstakingly negotiated between military and civilian leaders following the 2019 ouster of president Omar al-Bashir.



About 12% of Oil Production in Gulf of Mexico Shut-in

People inspect their damaged house after Hurricane Helene made landfall in Horseshoe Beach, Florida, on September 28, 2024. (Photo by CHANDAN KHANNA / AFP)
People inspect their damaged house after Hurricane Helene made landfall in Horseshoe Beach, Florida, on September 28, 2024. (Photo by CHANDAN KHANNA / AFP)
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About 12% of Oil Production in Gulf of Mexico Shut-in

People inspect their damaged house after Hurricane Helene made landfall in Horseshoe Beach, Florida, on September 28, 2024. (Photo by CHANDAN KHANNA / AFP)
People inspect their damaged house after Hurricane Helene made landfall in Horseshoe Beach, Florida, on September 28, 2024. (Photo by CHANDAN KHANNA / AFP)

About 12% of current oil production and 6.04% of the current natural gas production in the Gulf of Mexico is shut-in due to storm Helene, the Bureau of Safety and Environmental Enforcement said in a statement on Saturday.

Authorities across the southeastern United States faced the daunting task on Saturday of cleaning up from Hurricane Helene, one of the most powerful and perhaps costliest to hit the country.

Damage estimates across the storm's rampage range between $95 billion and $110 billion, potentially making this one of the most expensive storms in modern US history, said chief meteorologist Jonathan Porter of AccuWeather, a commercial forecasting company.
Downgraded late on Friday to a post-tropical cyclone, the remnants of Helene continued to produce heavy rains across several states, sparking massive flooding that threatened to cause dam failures that could inundate entire towns.