South Sudan calls for investment

South Sudan calls for investment

South Sudanese production has dropped to 154,000 barrels per day but the government is eager to secure investments, both in new exploration and in increasing its recovery rate.

South Sudan’s Under Secretary in the Ministry of Petroleum Daniel Awow Chuang, speaking at South Sudan Oil & Power this week, said Blocks 3 and 7 had dropped to 103,000 bpd, from 120,000 bpd. Blocks 1, 2 and 4 are producing 48,000 bpd, down from 53,000 bpd.

However, one point of good news on this front came in June, with the restarting of production at the Thar Jath field, in Block 5A. Production has restarted at 3,000 bpd, he said. It could reach 8,000-10,000 bpd by the end of the year.