Via The Economist, a report on what happens when a petrostate’s lifeline disappears overnight: SOUTH SUDAN could have been off to a good start. Thanks to its oil riches, the world’s youngest country qualified as a middle-income one when it got independence from Sudan in 2011. The new country also had minerals, livestock and timber for […]
Read more »Via The Sentry, a report on South Sudan’s Kiir family’s secret business empire: Today, The Sentry published a massive trove of data exposing the control by the family of South Sudan President Salva Kiir over a secret business empire. “Kiirdom: The Sprawling Corporate Kingdom of South Sudan’s First Family,” provides a deep dive into the […]
Read more »Via Bloomberg, an article on a possible option to help transport South Sudan oil: Oil company made Kenya discoveries more than a decade ago South Sudan’s exports have been held up by a broken pipeline Tullow Oil Plc’s delayed project to export oil from discoveries in Kenya by pipeline to the coast could be a […]
Read more »Courtesy of Bloomberg, a report that the 1.5 million people in the capital of Juba grapple with a lack of power, running water, salaries and medicine as the nation’s key source of cash dries up: Around the Nyakuron Market in downtown Juba, the stench of rotting trash hangs heavily in the air. Traffic congestion limits […]
Read more »Via Bloomberg, a report on discussions between South Sudan and China National Petroleum Corporation about a new pipeline: Substitute pipeline could traverse Ethiopia and Djibouti South Sudanese leader met China National Petroleum’s chairman South Sudan and China National Petroleum Corp. are considering establishing a substitute crude pipeline as over-reliance on the existing conduit curtails exports. […]
Read more »Via Xinhua, news of an agreement between Chinese firm Shengli Oilfield Keer Engineering and Construction Company (SOKEC) and South Sudan’s state-owned Nile Petroleum Corporation (NILEPET) to construct modern oil refinery and storage facilities in South Sudan: Chinese firm Shengli Oilfield Keer Engineering and Construction Company (SOKEC) on Friday signed an agreement with South Sudan’s state-owned […]
Read more »