Posted by: preservenile | February 26, 2012

News about dam funding: OPEC (Updated)

According to Sudan Tribune, the OPEC Fund for International Development (OFID) has signed a $30 million loan agreement with Sudan that will be used to build a dam on the Atabara river – the northernmost tributary of the Nile.

Update: OPEC has now published a press release concerning the loan. We quote it:

On February 24 OFID Director-General Mr. Suleiman J. Al-Herbish signed a US$30 million public sector loan agreement with the Sudan to co-finance the Upper Atbara Dam Complex Project. The agreement was counter-signed by HE Mahmoud Hassan Elamin, Ambassador of Sudan to Austria.

The project aims at improving living conditions of the population in the Eastern Region of the Sudan by increasing the amount of irrigable land, and consequently boosting agricultural productivity and food security, as well as improving electric power generation. This will be accomplished through the construction of a multipurpose dam complex on the Upper Atbara and Settit rivers and a 320MW hydropower station. On completion, the project is expected to directly benefit some 160,000 farmers and bring indirect benefits to the 1.7 million-strong population of Kasal State.

The photo below is illustrating the press release. It shows HE Mahmoud Hassan Elamin, Ambassador of Sudan to Austria concluding the loan agreement with Mr. Suleiman J. Al-Herbish, OFID Director-General.

The European committee is now preparing a letter of appeal to the OPEC Fund for International Development enclosing information about the devastating effects further dams on the Nile and Atbara will have and urging them to support alternative means of energy prodution.

We hope that the American Committee and others will do the same. The address is:

The OPEC Fund for International Development
P.O. Box 995, A-1011 Vienna, Austria

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Responses

  1. I urge the two committees and others to send letters a.s.a.p. to the OPEC Fund for International Development enclosing information about the devastating effects further dams on the Nile and Atbara will have and urging them to support alternative means of energy prodution.
    Mailing address:
    The OPEC Fund for International Development
    P.O. Box 995, A-1011 Vienna, Austria


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