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:

Uganda:   South Sudan Refugees in the North Swell to 26,000 (news)
The Monitor
25 July 2016

The United Nations High Commission for Refugees has reported that more than 26,000 people have fled South Sudan into Uganda over uncertainty in their country. In a statement about the state of ... [read more]

East Africa:   Cattle Traders Stranded As South Sudan Buyers Stay Away (news)
The Monitor
23 July 2016

Cattle traders and farmers in northern Uganda are stranded without market for their animals due to absence of buyers from South Sudan following the fighting there. Most farmers and dealers who had ... [read more]

Sud-Soudan:   Eviction de Riek Machar - Salva Kiir fait d'une pierre deux coups (news)
L'Observateur Paalga
24 July 2016

La nouvelle crise qui secoue le Soudan du Sud n'est pas près de s'estomper. Le 9 juillet 2016, alors même que les deux têtes de l'exécutif, le président Salva Kiir et ... [read more]

blogAfrica is'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!