South Sudan: UN: South Sudan’s Oil Patch Is Living on Borrowed Time

Mar 3, 2020 | Tsvetana Paraskova, OilPrice.com
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South Sudan continues to spend oil revenues in advance and its oil sector continues to lack transparency, according to a UN report that was made public recently. One of the newest countries in the world, South Sudan, broke from Sudan in 2011, taking with it around 350,000 bpd in oil production. But then civil war in South Sudan broke out in 2013 that further complicated oil production.