South Sudan and the Oil Sector

From The Official Blog of Amb. David H. Shinn Sun Dec 2 2012, 16:53:00

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:

Sudan:   Time to Repeal U.S. Sanctions On Sudan? (document)
International Crisis Group
22 June 2017

The clock is ticking for President Trump who must decide by 12 July whether to lift decades-long U.S. sanctions on Sudan. The failure of economic penalties to alter Khartoum's behaviour so far means ... [read more]

Uganda:   Armed South Sudanese Abduct 13 Refugees, Steal 180 Cows (news)
The Observer
23 June 2017

Gunmen suspected to be members of the South Sudan Liberation Army (SPLA) on Tuesday raided Bari Village in Metu sub-county, Moyo district, and disappeared with more than 180 heads of cattle. The ... [read more]

East Africa:   EU Gives U.S.$94 Million for Refugees in Uganda (news)
The Observer
23 June 2017

The European Union (EU) has given a massive shot in the arm to the Uganda Solidarity Summit for refugees, which starts in Kampala today, by announcing that it will provide €85 million (about Shs ... [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!