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South Sudan puts hope in oil and gas production to finance $1.6 billion budget

In the nine months through March, South Sudan produced 150,000 bpd. This plunged 70% in the final three months of the fiscal year after its main export pipeline ruptured in February. Last week, President Salva Kiir’s office signaled progress in plans to restore production after a meeting with Sudan’s military leader Abdel Fattah Al-Burhan in Juba.

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