South Sudan set to restart oil manufacturing on Jan. 8 – Sudans Put up
JUBA-South Sudan is ready to restart oil manufacturing at Blocks 3 and seven on January 8, which had been suspended for over a 12 months attributable to violence in neighboring Sudan.
Speaking to journalists throughout a press convention in Juba, Puot Kang Chol, Petroleum Minister, mentioned the nation would resume pumping 90,000 barrels per day on Wednesday.
“The government of Sudan, in its letter dated 4 January 2025, officially lifted the force majeure, and based on that, the Ministry of Petroleum and partners would like to declare that the kick-off date for DIPOC resumption is as early as tomorrow,” Chol mentioned.
Chol mentioned resumption of oil manufacturing would have a big influence on the nation’s financial restoration and stability.
“This may improve our economy in one way or another once it is realized. We know that our economy is suffering. We also recognize that more than 70% of our oil production comes from DIPOC, but we believe with tomorrow’s resumption that resources will be back to the table,” he mentioned.
He mentioned the nation targets producing 90,000 barrels of crude oil per day within the first six months of manufacturing, which might contribute considerably to the nation’s economic system.
“So in the first six months, our target is 90,000 barrels a day. Then thereafter, we will go. So in regard to the rats, I’m not given responsibility for taking care of rats, but my responsibility is to make sure we produce barrels.”
He disclosed that the federal government has an association with Petronas to repay its shares till it finds a brand new associate to interchange them.
The pipeline was severely broken throughout clashes between the Sudanese military and the Rapid Support Forces in February 2024, considerably impacting South Sudan’s economic system.
On 4th January, Sudan lifted pressure majeure on oil exports from South Sudan, citing improved safety circumstances regardless of.