Rodent + 1,424 December 5, 2017 South Sudan is considering an OPEC membership, and is planning to double its oil production in the next year. What are its challenges going forward? Is its production hopes realistic? What does this mean for South Sudan in the long run? Quote Share this post Link to post Share on other sites
TomTom + 183 December 5, 2017 Landlocked South-Sudan has some serious technical challenges... currently producing 140,000 bpd while sometime ago they produced 200,000 bpd. Check this piece: https://oilprice.com/Latest-Energy-News/World-News/South-Sudan-Hopes-Higher-Oil-Prices-Will-Restore-Ravaged-Economy.html Quote Share this post Link to post Share on other sites
Kate Turlington + 44 KT December 5, 2017 I posted something on this last night, but basically I think they're jumping the gun. They might be able to secure Juba, but they can't yet secure the rest of the country, which means they can't have full control over their production. Quote Share this post Link to post Share on other sites
Seleskya + 50 AS December 5, 2017 Most of their oil is in the Unity State and it's pretty much under attack still. Just two weeks ago fields here were abandoned due to fighting ... So I don't think we need to worry about South Sudan flooding the market https://www.reuters.com/article/us-southsudan-unrest/fighting-kills-at-least-25-in-oil-region-of-south-sudan-idUSKCN1BU1FI Quote Share this post Link to post Share on other sites
Kate Turlington + 44 KT December 15, 2017 Now they're getting help from Sudan ... This is Sudan's way of getting its foot back in the oil game after losing all of its oil in the break-up. South Sudan is in trouble, so Khartoum to the rescue. South Sudan can't get its northern oil-producing region under control, so Sudan is offering a 'helping hand' by way of electricity, construction material/equipment, housing for oil workers. It's in Sudan's interest in more ways than one. They get $25 a barrel for transporting South Sudan's oil, which isn't really being produced right now (not in any significant way, at least). Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT December 15, 2017 On 12/5/2017 at 11:03 AM, Rodent said: South Sudan is considering an OPEC membership, and is planning to double its oil production in the next year. What are its challenges going forward? Is its production hopes realistic? What does this mean for South Sudan in the long run? Sudan is the main challenge Quote Share this post Link to post Share on other sites
Seleskya + 50 AS December 15, 2017 South Sudan is never going to be able to do this on its own anyway. So they're giving up some of the independence in the process. Quote Share this post Link to post Share on other sites
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