South Sudan Prospects

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?

Share this post


Link to post
Share on other sites

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.  

 

Share this post


Link to post
Share on other sites

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). 

Share this post


Link to post
Share on other sites

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

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites
Sign in to follow this  
Followers 0