South Sudan and the Oil Sector

From The Official Blog of Amb. David H. Shinn Sun Dec 2 2012, 11:53:00

Global Witness published in November 2012 a report titled "Blueprint for Prosperity: How South Sudan's New Laws Hold the Key to Transparent and Accountable Oil Sector."

The reported noted that aside from its over-reliance on oil, one of South Sudan's biggest challenges is corruption. The good news is that the foundations for sound oil management are being put in place. Building on the transparency commitments enshrined in the Transitional Constitution, South Sudan's Petroleum Act and draft Petroleum Revenue Management Bill set out a clear blueprint for how oil operations, contracts and revenues should be managed.

Global Witness emphasized, however, that the laws are only as good as their implementation. South Sudan's oil sector will not be transparent until the government complies with the standards it is now legally bound to meet.

Click here to read the report.

[view whole blog post ]
 See More    |     Report Abuse


You might also be interested in the following news stories:

Sud-Soudan:   L'ONU a besoin de 600 millions de dollars pour fournir son assistance humanitaire en 2015 (news)
UN News Service
21 November 2014

A l'issue d'une mission de trois jours au Soudan du Sud, la Sous-Secrétaire générale des Nations Unies aux affaires humanitaires, Kyung-wha Kang, a appelé vendredi ... [read more]

South Sudan:   WFP Demands Safe Release of Staff Abducted in S. Sudan (news)
Sudan Tribune
20 November 2014

The United Nations World Food Programme (WFP) has demanded the safe release of its abducted staff member Mark Diang, who was taken at gunpoint from Malakal airport on 16 October by a group of men in ... [read more]

Egypt:   PM - Egypt Is South Sudan's Partner in Development (news)
Egypt State Information Service
21 November 2014

Prime Minister Ibrahim Mahlab held a meeting with South Sudanese president Salva Kiir Mayardit on Thursday. [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!