{"id":1176,"date":"2025-01-08T13:45:09","date_gmt":"2025-01-08T13:45:09","guid":{"rendered":"https:\/\/goldentimessouthsudan.com\/?p=1176"},"modified":"2025-01-08T13:45:10","modified_gmt":"2025-01-08T13:45:10","slug":"south-sudan-resumes-oil-production-eyes-90000-bpd","status":"publish","type":"post","link":"https:\/\/goldentimessouthsudan.com\/index.php\/2025\/01\/08\/south-sudan-resumes-oil-production-eyes-90000-bpd\/","title":{"rendered":"South Sudan resumes oil production, eyes 90,000 BPD"},"content":{"rendered":"\n<p><em>A man examines leaking oil pipeline at a pumping station built next to his village on land once used for agriculture in Plough, South Sudan, on Jan 20, 2010-AFP Photo.<\/em><\/p>\n\n\n\n<p>South Sudan\u2019s Minister of Petroleum, Puot Kang Chuol, on Tuesday, announced the government\u2019s intention to resume oil production effective Wednesday, 8 January 2025, targeting 90,000 barrels of crude oil per day.<\/p>\n\n\n\n<p>This announcement came one day after Sudan\u2019s government declared the lifting of the force majeure to resuscitate the oil sector to rescue the dire economic situation in neighboring South Sudan.<\/p>\n\n\n\n<p>\u201cThere were several concerns about the technical readiness and security assurance, but those concerns were addressed,\u201d Kang said; \u201cWith the force majeure officially lifted by the government of Sudan and based on that the Ministry of Petroleum and partners would like to declare that the kickoff date for oil resumption in 8 January 2025.\u201d<\/p>\n\n\n\n<p>Juba and Khartoum are both clenched on interest in the field of oil and gas. Sudan owns the pipeline where the landlocked South Sudan depends on Sudan to transport its crude oil to the international market via Port Sudan and using Sudan\u2019s oil pipelines.<\/p>\n\n\n\n<p>Minister Kang\u2019s announcement brought relief to the people of South Sudan who have lost purchasing power, because of the weakening of the South Sudan Pound against the Greenback.<\/p>\n\n\n\n<p>Civil servants, organized forces, and soldiers have gone for more than a year without salaries, stirring the fear of civil disobedience and potential chaos in the world\u2019s youngest nation.<\/p>\n\n\n\n<p>The widespread corruption in the oil sector and negligence in the disposal of hazardous chemicals in the oil-producing areas are among the obvious challenges that the citizens face.<\/p>\n\n\n\n<p>Oil accounts for 90 percent of South Sudan\u2019s revenue. A significant drop in oil production derailed economic growth, despite better harvests before the force majeure was declared by Sudan\u2019s government in March 2024.<\/p>\n\n\n\n<p>Food insecurity and extreme poverty remain high because of high inflation, climate, and external shocks, declining official development assistance, structurally weak governance, inadequate service delivery, and localized conflict, according to the World Bank.<\/p>\n\n\n\n<p>The conflict in Sudan poses acute risks to macroeconomic stability, exacerbating fiscal pressures and pressing humanitarian needs. A loss of momentum in the political transition could amplify these risks&nbsp;<\/p>\n\n\n\n<p>More than a decade after independence, South Sudan\u2019s development prospects remain constrained by fragility, heavy reliance on oil revenue and external financing, and limited state capacity to deliver public services.<\/p>\n\n\n\n<p>Acute humanitarian and macroeconomic challenges have been further compounded by the conflict in neighboring Sudan that has disrupted the flow of oil through pipelines in Sudan.<\/p>\n\n\n\n<p>Fiscal capacity to counter the large decline in oil production or global oil and food price shocks remains highly constrained by severe challenges in the governance of oil sector revenues and weak fiscal discipline.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A man examines leaking oil pipeline at a pumping station built next to his village on land once used for agriculture in Plough, South Sudan, on Jan 20, 2010-AFP Photo. South Sudan\u2019s Minister of Petroleum, Puot Kang Chuol, on Tuesday, announced the government\u2019s intention to resume oil production effective Wednesday, 8 January 2025, targeting 90,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Sudan resumes oil production, eyes 90,000 BPD - GT South Sudan<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldentimessouthsudan.com\/index.php\/2025\/01\/08\/south-sudan-resumes-oil-production-eyes-90000-bpd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Sudan resumes oil production, eyes 90,000 BPD - GT South Sudan\" \/>\n<meta property=\"og:description\" content=\"A man examines leaking oil pipeline at a pumping station built next to his village on land once used for agriculture in Plough, South Sudan, on Jan 20, 2010-AFP Photo. South Sudan\u2019s Minister of Petroleum, Puot Kang Chuol, on Tuesday, announced the government\u2019s intention to resume oil production effective Wednesday, 8 January 2025, targeting 90,000 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/goldentimessouthsudan.com\/index.php\/2025\/01\/08\/south-sudan-resumes-oil-production-eyes-90000-bpd\/\" \/>\n<meta property=\"og:site_name\" content=\"GT South Sudan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/web.facebook.com\/profile.php?id=61560835492593\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-08T13:45:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-08T13:45:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/goldentimessouthsudan.com\/wp-content\/uploads\/2025\/01\/Pipeline900.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"555\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Joseph Oduha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joseph Oduha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/goldentimessouthsudan.com\/index.php\/2025\/01\/08\/south-sudan-resumes-oil-production-eyes-90000-bpd\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/goldentimessouthsudan.com\/index.php\/2025\/01\/08\/south-sudan-resumes-oil-production-eyes-90000-bpd\/\"},\"author\":{\"name\":\"Joseph Oduha\",\"@id\":\"https:\/\/goldentimessouthsudan.com\/#\/schema\/person\/08a90c64e99a2c98a1bbfd713451a74e\"},\"headline\":\"South Sudan resumes oil production, eyes 90,000 BPD\",\"datePublished\":\"2025-01-08T13:45:09+00:00\",\"dateModified\":\"2025-01-08T13:45:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/goldentimessouthsudan.com\/index.php\/2025\/01\/08\/south-sudan-resumes-oil-production-eyes-90000-bpd\/\"},\"wordCount\":468,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/goldentimessouthsudan.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/goldentimessouthsudan.com\/index.php\/2025\/01\/08\/south-sudan-resumes-oil-production-eyes-90000-bpd\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/goldentimessouthsudan.com\/wp-content\/uploads\/2025\/01\/Pipeline900.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/goldentimessouthsudan.com\/index.php\/2025\/01\/08\/south-sudan-resumes-oil-production-eyes-90000-bpd\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/goldentimessouthsudan.com\/index.php\/2025\/01\/08\/south-sudan-resumes-oil-production-eyes-90000-bpd\/\",\"url\":\"https:\/\/goldentimessouthsudan.com\/index.php\/2025\/01\/08\/south-sudan-resumes-oil-production-eyes-90000-bpd\/\",\"name\":\"South Sudan resumes oil production, eyes 90,000 BPD - 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