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:   Le HCR préoccupé par la situation dans la ville de Yei (news)
UN News Service
30 September 2016

Le Haut-Commissariat des Nations Unies pour les réfugiés (HCR) s'est dit vivement préoccupé vendredi par le sort d'environ 100.000 personnes prises au piège à ... [read more]

Congo-Kinshasa:   Nord-Kivu - Les députés désapprouvent la présence des rebelles sud-soudanais (news)
Radio Okapi
30 September 2016

Le caucus des députés nationaux élus du Nord-Kivu désapprouve la présence des rebelles sud-soudanais dans les territoires de Nyiragongo et Masisi. Ces élus ... [read more]

South Sudan:   Juba and Khartoum Sign Border Demarcation Roadmap (press release)
Government of South Sudan
30 September 2016

The six review meetings of the South Sudan and the Sudan Joint Border Commission (JBC) ended yesterday Thursday, 29 September 2016 in Addis Ababa. During the four-day meetings, the parties agreed on ... [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!