South Sudan | Egypt Oil & Gas - Part 3

Trafigura to Pay $10m for S. Sudan Oil

Trafigura has offered South Sudan an advance payment of $10m for November oil cargo.

South Sudan to Open New Oil Facility in Palouch

South Sudan plans to establish a new oil facility by the end of 2016, with the aim of amplifying daily production in the country.

Khartoum, Juba Talk Oil Cooperation

The Sudanese Oil Minister, Mohammed Awad Zayed, met with his South Sudanese counterpart to discuss oil agreements and technical cooperation to restore Al-Wohda Oil Field and increase oil production in Upper Nile fields.

South Sudan To Boost Oil Production for Exports

South Sudan's Petroleum Minister, Ezekiel Lol Gatkuoth, said that the independent state is determined to increase crude oil production by November 2016 to start exports to neighboring Ethiopia.

South Sudan Requests $1.9b in Chinese Aid

South Sudan's Foreign Minister, Deng Alor, stated that Sudan has requested China to invest about $1.9b to develop the Sudanese oil fields and to set-up energy projects.

South Sudan to Repair Oil Facilities

Damage to South Sudan’s oil fields after more than two years of civil war will hamper plans to boost output, Petroleum Minister said adding the country needs the revenue from pumping more oil to tame an economic crisis.

South Sudan Strikes New Deal with Sudan on Oil Transit Charges

Transit fees that Sudan charges its neighbour South Sudan will be based on prevailing crude oil prices, a move away from a fixed fee.

Sudan Cancels Fuel Subsidies

Sudan has cancelled state subsidies on fuel oil, jet fuel, and cooking gas, lifting all administrative restrictions, which allows for the opening of the sector to the private sector.

Fuel Truck Blast in South Sudan Kills at Least 85 People

At least 85 people were killed in South Sudan when a crowd tried to gather fuel from a transport truck that had veered off the road on its way to a region west of the capital Juba, the presidential spokesman said.

South Sudan Struggling with Oil Revenues and Cooperation

South Sudan's parliament passed a budget for 2015/2016 on Tuesday

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