South Sudan says agrees oil exploration deal with South Africa
South Sudan and South Africa will sign a production sharing agreement for an untapped exploration block in the East African country, whose production has been hampered by civil war, South Sudan's petroleum ministry said on Monday.
The Exploration Production Sharing Agreement (EPSA) for Block B2 will be signed by Ezekiel Lol Gatkuoth, South Sudan's Minister of Petroleum and Jeff Radebe, South Africa's Minister of Energy, the ministry said in a statement.
Blocks B2 and another, B1, were once part of a 120 000 km2 area known as Block B, which was divided into three licences in 2012 and is thought to be rich in hydrocarbons, although very little drilling has been done there.
The block lies in greater Jonglei State.
The world's youngest country, which split from Sudan in 2011, has one of the largest reserves of crude in sub-Saharan Africa, only a third of which have been explored. The country lost many of its oilfields to a civil war that broke out two years after its independence. A September peace deal is largely holding.
In April, Awow Daniel Chuang, director general for petroleum at the ministry of petroleum, said production was expected to reach around 195 000 barrels per day by the end of the year, from 175 000 at present, and rise to 220 000 barrels a day by early 2020.
The government has said production would reach pre-war levels of 350 000 to 400 000 barrels a day by mid-2020.
More than 400 000 people died in South Sudan's civil war, which displaced around a third of the country's 12-million people population and plunged parts of the country into famine.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
