South Sudan: South Sudan’s Opaque Oil Allocations, Sales, and Captured Revenues

May 12, 2026
Radio Tamazuj
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Two companies, Chiang Wei and Euro American International Energy, according to an investigation by Radio Tamazuj, are long-term beneficiaries of and have been allocated South Sudan’s crude oil below prevailing market prices. They have been acting as speculators, middlemen, and commission agents who buy oil cheaply and sell it at a higher price and pocket the difference. This cannot happen without approval from the highest level in Juba, and is explained by the last-minute decisions to reverse and or reallocate cargoes to them.