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. The government is currently assessing the extent of repairs that need to be made to production facilities in the northern Unity and Upper Nile states, Bischok said Thursday in
World Bank to inject $600 in the Uganda- Kenya Oil pipeline
The World Bank has pledged to inject $600 to facilitate the construction of a regional pipeline linking oil fields in Uganda, Kenya and South Sudan. In a statement made on Monday the World Bank said that the funds would be provided by its private- lending arm, the International Finance Corporation. The fund is part of
Why Uganda’s concession to the regional pipeline project is good news to South Sudan
South Sudan must have been waiting with bated breath or should we say eavesdropping on the conversations between Kenya, Rwanda and Uganda that have been the centre of media attention this week. The President of Uganda, Yoweri Kaguta Museveni has been hosting his colleagues Uhuru Kenyatta, the Kenyan President and Paul Kagame, the President of
Oil export blockage punches harder blow on Sudan’s ailing economy
South Sudan has suffered a major setback to its already ailing economy after its northern neighbor Sudan is said to have resumed blocking oil flow from its Unity state in the latest spat involving the two oil producers. The two nations had agreed to restart oil exports last month after a 15-month closure, officials said.