South Sudan | Egypt Oil & Gas - Part 3

Trafigura to Pay $10m for S. Sudan Oil

Trafigura’s Asia Pacific CFO, Nicolas Marsac, said that the Dutch multinational commodity trading company has offered South Sudan an advance payment of $10m for November oil cargo, Ecofin Agency reported. According to...

South Sudan to Open New Oil Facility in Palouch

South Sudan’s Petroleum Minister, Ezekiel Lol Gatkuoth, said that the country plans to establish a new oil facility in Palouch oilfields in October, with the aim of amplifying daily production in the country, Ag...

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 field...

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, Oil Price reporte...

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 and infrastructure projects, ABC News reported. In e...

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 Dak Duop Bischok said, adding the country needs the revenue from pumping more oil to tame...

South Sudan Strikes New Deal with Sudan on Oil Transit Charges

South Sudanese government announced that it has reached an understanding with the government of neighbouring Sudan from which it seceded in 2011 to reduce charges for transporting crude oil to the international market...

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, Al Arabiya reported. “The governme...

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 acco...

South Sudan Struggling with Oil Revenues and Cooperation

South Sudan’s parliament passed a budget for 2015/2016 on Tuesday, reported Reuters. “The house observed that some (ministries) are demanding additional funds. However, given with the wide budget deficit i...

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