S. Sudan optimistic rising oil prices will boost economy

December 4, 2017 (JUBA) – South Sudan said on Monday that it hopes to reap from the global rise in oil prices to uplift an economy weakened by nearly four years of civil war that led to a halt in the nation’s oil production.
“The oil market is appreciating now very well the oil price is going up its 65 dollars a barrel and yet in South Sudan, it’s something we need to celebrate because our economy is driven by oil. We are going very well in the oil industry,” Petroleum minister, Ezekiel Lol (…)


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Juba, Khartoum to continue oil exportation according to existing fees

September 20, 2017 (KHARTOUM) – Khartoum and Juba on Wednesday have agreed to continue exportation of South Sudan crude oil through Sudan’s export pipeline according to the prices agreed.
Following his meeting with South Sudan’s oil minister Ezekiel Lul Gatkuoth in Khartoum Wednesday, Sudan’s oil minister Abdel-Rahman Osman said the two countries are cooperating fully on the oil issue to serve their mutual interests.
He expressed his country’s readiness to “provide technical support to assist (…)


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