27 Jun 2019

 

South Sudan Gives China 10,000 Barrels Of Crude Per Day For Roads Construction

"Last week, South Sudan resumed oil production at the unity oil fields. The country is now producing 35,000 barrels per day (bpd)..."

South Sudan Gives China 10,000 Barrels Of Crude Per Day For Roads Construction
An oil field in South Sudan. [Photo File]
By Ojwe Lumara
 
JUBA, 04 February, 2019 [Gurtong]-The Government of South Sudan has approved allocation of 10,000 barrels of crude oil per day to China Exim Bank for the construction of roads.
 
The Deputy Minister of Information, Lily Albino Akol, told Journalists last Friday after the weekly Council of Ministers Meeting in Juba that the cabinet has approved the plan presented to the cabinet by the Minister of Petroleum, Ezekiel Lol Gatkouth.
 
The plan is expected to be finalized with the signing of agreement late this month between the Bank and Government of South Sudan.
 
President Salva Kiir and his Chinese counterpart Xi Jinping made the initial agreement last year on the side-lines of the 2018 Forum on China–Africa Corporation (FOCAC) in Beijing.
 
“The Council deliberated and approved the allocation of 10,000 barrel of crude oil per day to China Exim Bank. This will be used for infrastructure development especially the roads as it was agreed in China by the President,” Ms. Albino told journalists.
 
The Minister of Finance, Salvatore Garang and the Minister of Justice and Constitutional Affairs, Paulino Wanawilla, were directed to expedite the signing of the loan agreement and the sales and purchase agreement to start the construction of roads.
 
“This month the two agreements will be signed and after signing the agreement the lifting will start immediately and the implementation of the programme will also start immediately within the month of February,” the deputy information minister added.
 
After returning from the FOCAC summit last year, Kiir said the Chinese constructors will build roads linking Juba to Rumbek, and from Juba, Torit to Nadapal near the Kenyan border.
 
Last week, South Sudan resumed oil production at the unity oil fields. The country is now producing 35,000 barrels per day (bpd) which is comprised of 15,000 bpd from the Unity Oilfields and 20,000 bpd from the Toma South Oilfields.
 
Oil production in Unity State was halted in 2013 following the outbreak of the on-going civil war, which badly damaged the country’s oil infrastructure.
 

    

Posted in: Home
Comments
RSS comment feed
There are currently no comments, be the first to post one.
Add Comment
Log in
to post a comment. If you are not a Gurtong member yet, register here.
Featured Videos
THE SOUTH SUDAN NATIONAL DIALOGUE
  • What is The National Dialogue?South Sudan Peace Process
  • Expectations of the National DialogueSouth Sudan Peace Process
  • Gurtong Mobile Cinema
What is The National Dialogue?1 Expectations of the National Dialogue2 Gurtong Mobile Cinema3
 

 

 

Gurtong Radio

Peace Efforts Earn Bishop Paride Taban Top UN Award

 
 English Programs     |      برامج اللغة العربية