South Sudan’s Minister of Petroleum Ambassador Ezekiel Lol Gatkuoth
“Due to efforts by the government, under the leadership of H.E President Salva Kiir to increase current production levels, with the target of reaching previous levels of more than 300,000 bpd, we do expect to put more crude on the market and are seeking to expand our base of buyers,” said Minister Gatkuoth.
The minister also said that South Sudan would sell its crude via a competitive and transparent tender process for spot and term buyers.
“Prepayments allow the government to access revenue at competitive rates, especially as the government continues to finance the ongoing peace process,” the Minister said.
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