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:   Is There Hope for a Durable Solution? (analysis)
Institute for Security Studies
28 July 2014

South Sudan is the world's youngest nation, having come into existence on 9 July 2011. The state emerged from decades of civil war with Khartoum, which ended in 2005 when the Comprehensive Peace ... [read more]

Sud-Soudan:   Le pays traverse la pire crise alimentaire au monde (news)
Radio France Internationale
27 July 2014

Un tiers de la population sud-soudanaise est touchée : 4 millions de personnes, dont 1 million d'enfants de moins de 5 ans, sont en situation d'insécurité alimentaire. Si rien ... [read more]

South Sudan:   Darfur Displaced Forced to Choose Between a Rock and a Hard Place (analysis)
African Arguments
24 July 2014

Over the past few years, the conflict in Sudan's Darfur region has faded from the headlines. While levels of violence decreased following a peak in 2004-5, violence is again on the increase and the ... [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!