South Sudan Soon To Reap Oil Benefits

South Sudanese and Chinese government officials told the press in Juba that oil flow through the Sudan pipelines to the international market is going on well and is will soon reach the market.

South Sudan Petroleum and Mining Minister Stephen Dhieu Dau and the Chief Representative of the China National Petroleum Company Dr Zhau Dong met in Juba to discuss the progress of the oil flow.

“There are no technical complications in the production process and we are glad to report that the crude oil is about to reach the market”, the First Undersecretary at the Ministry Machar Achiek said after the meeting.

Dr Dong said the meeting was an effort to boost cooperation between China and South Sudan in ensuring effective oil production.

Both officials were, however, skeptical in unveiling details on how much and when exactly the oil cash will reach South Sudan Central Bank.

South Sudan resumed oil production in April this year after almost one and half years shut down on grounds that Khartoum was looting the resource.

Despite commitments by Khartoum and Juba cemented in an agreement signed in Addis Ababa in March this year which commits both sides to fully implement Cooperation Agreement reached by the two countries last year in September, Sudan President Omar al Bashir was accused of threatening to stop flow of the oil on grounds that South Sudan supports militia in his country, a move South Sudan denies.

Be the first to comment

Leave a Reply

Your email address will not be published.


Confirm you are not a spammer! *