South Sudan: Corruption Plagues South Sudan and Threatens the Growth of Its Oil Industry

Sep 13, 2017 | Paul Ilado, Star
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Many major international oil companies that had entered into EPSAs with the pre-independence government in Khartoum have found it difficult ,if not impossible, to negotiate with the government of South Sudan. Civil strife, falling oil prices, alternative investments in safer, developed economies (such as gas in the US) and corruption in the form of payments to senior government officials have also placed South Sudan in the too-hard category for many foreign oil companies.