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:

South Sudan:   Hundreds Reportedly Killed or Injured in Attacks (news)
Voice of America
28 June 2016

Relative calm has returned to Wau, South Sudan, after an outbreak of deadly violence which began Friday evening and continued through Monday morning, say local officials and residents. It is unclear ... [read more]

Uganda:   Fresh Fighting in South Sudan Throws Ugandans in Panic (news)
The Monitor
28 June 2016

Ugandans living and working in South Sudan in the northwestern town of Wau yesterday reported as being in fresh "state of panic" following last Friday's heavy fighting government forces and armed ... [read more]

South Sudan:   Khartoum Withdraws Troops From Border (news)
The East African
27 June 2016

The Khartoum government has withdrawn all its troops from the border with South Sudan, an army official has said. The Sudanese Armed Forces (SAF) spokesman Brigadier Ahmed Alshami, in a statement seen ... [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!