Sudan/South Sudan: Oil Crisis and Recession Bring Two African Rivals Closer Together
Nov 1, 2020
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Viktor Katona, OilPrice.com
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Times of recession usually bring up overused terms like belt-tightening or company restructuring though distressed periods are just as useful for settling old scores and shaping up new partnerships. Testifying to the purifying effects of market downturns, Sudan and South Sudan, countries that share the painful experience of the Second Sudanese Civil War which pitted them one against another, are edging closer to increase cooperation by making the shared hydrocarbon reserves a joint venture instead of two separate ones.