• The Chamber will mobilize capacity building initiatives,
  •  It will work on reforms to boost an enabling environment for oil investors,
  •  It will invest in energy access initiatives.

Juba – January 30, 2019: The African Energy Chamber has entered into a technical assistance cooperation agreement with the Ministry of Petroleum of the Republic of South Sudan to strengthen the country’s capacity to manage its hydrocarbons sector and wealth.

South Sudan has over the past year demonstrated a commitment to peace, which gives the country an opportunity to build long-lasting economic development and strengthen its engagement with the regional and international investment community.

The energy sector is the pillar of the country’s economic growth. As oil and gas exploration and production activity continues to picks up steam in South Sudan, there is growing need to increase the evel of local expertise required to manage the petroleum sector sustainably, push for rural energy access, and create long-lasting economic empowerment and sustainable development projects.

As a leading advocate of the African energy industry with institutional and corporate partners that have significant experience in Africa’s oil & gas sector, the Chamber will mobilize the oil and gas community to provide technical assistance to the South Sudanese government.

“We continue to do a remarkable job when it comes to oil field resumption. We are seeing an increase in production. However, capacity building programs are needed to have our citizens work and manage our oil resources properly. We welcome the support of the oil sector through the African Energy Chamber in its collaboration with our country,” declared Hon. Ezekiel Lol Gatkuoth, Minister of Petroleum in South Sudan. “This partnership with the African Energy Chamber once again proves the high level of trust and genuine cooperation that is needed to develop our country. Guaranteeing energy access is important for every South Sudanese in our march towards economic growth.”

This technical assistance will support South Sudan in building an enabling environment for business and a world-class oil industry for the benefits of all citizens and investors. Under the agreement, the Chamber will be conducting an immediate needs assessment of South Sudan’s oil and gas sector, detailing the key institutional and policy reforms required to strengthen capacity across the country’s value-chain. The Chamber will also work on key energy access initiatives and mobilize financing for South Sudan.

South Sudan is East Africa’s only mature oil producer so the interest of oil companies to invest in the market as it puts back damaged field into production is increasing,” declared NJ Ayuk, Executive Chairman at the African Energy Chamber.

“Now is the time for the oil industry to rally around South Sudan’s efforts to build a sustainable hydrocarbons sector whose revenues equitably benefit all South Sudanese. The strengthening of South Sudan’s oil sector is a priority as it will provide a pillar for the development of East Africa’s entire energy value-chain.”

Juba, November 22nd, 2018 – The African Energy Chamber is encouraged by the progress made in South Sudan’s oil sector after the peace agreement. The success of the South Sudan Oil & Power 2018 conference, which was attended by over 750 participants representing upstream, midstream and downstream sectors of the oil sector from Africa, Europe, North America and the Middle East is a step in the right direction.

We are also encouraged by the Ministerial delegations from many countries like Equatorial Guinea, Sudan, Somalia, Saudi Arabia, Nigeria, Russia, Uganda, etc. The success is an indication of South Sudan’s increased attractiveness for African and international investors, as the East African nation works to ensure a stable peace and has doubled efforts to ramp up production and drill more wells.

“The presence of several international oil companies in Juba this week is very encouraging and shows that South Sudan is doing its best to restore the trust of the international investment community and should be encouraged by all parties,” declared Executive Chairman NJ Ayuk form Juba.

The Chamber supported South Sudan’s efforts to build a lasting peace, which resulted in a new peace agreement signed last month between rival factions. “The local and international oil community has an obligation to support both peace talks and the South Sudanese leadership to promote peace and reconciliation. We also call on the government to continue its efforts in encouraging an enabling environment, promoting local content and prioritizing the role of women in the oil sector” said NJ Ayuk.

We commend H.E. President Salva Kiir for meeting with H.E. Azhari Abdel-Gadir Abdalla, Minister of Petroleum and Minerals of the Republic of Sudan; H.E. Gabriel Obiang Lima, Minister of Mines and Hydrocarbons of the Republic of Equatorial Guinea; Hon. Lokeris Peter, Minister of State for Energy and Minerals Development, Republic of Uganda; and H.E. Mahaman Gaya, Secretary General of the African Petroleum Producers’ Organization (APPO) to encourage collaboration on oil and gas matters.

H.E. President Kiir and the Minister of Petroleum of South Sudan, H.E. Ezekiel Lol Gatkuoth’s continuous efforts to work with other Africans, OPEC and Non-OPEC nations in balancing and stabilizing the oil market is very encouraging to our members as we all work to prevent another supply glut in the oil sector. The Chamber continues to support all efforts to do balance the oil markets including trimming supplies as it is good for African producers, its citizens and the investors.

South Sudan remains under-explored, despite being East Africa’s oldest and biggest oil producing nation. Although, production is being ramped up, South Sudan’s latest oil & gas entrant, Oranto Petroleum, started exploration on Block B3 a year ago.