Press

South Sudan Responds to U.S. Oil Industry Restrictions


On March 21, the U.S. Department of Commerce implemented new restrictions on the import of American petroleum technology to the Republic of South Sudan. The restrictions impact the Ministry of Petroleum, Ministry of Mining, national oil company Nilepet and 12 operators and service companies. The following is a statement issued on March 22 by the Ministry of Petroleum.

The Ministry of Petroleum of the Republic of South Sudan urges the United States government to work with the Republic of South Sudan to overcome the challenges faced by the oil and gas industry and the economy at large in the country.

On Wednesday, March 21, the Ministry of Petroleum was informed that, along with the Ministry of Mining, national oil company Nilepet and twelve oil and gas operators and service companies, it would face new restrictions on imports of U.S. petroleum technology to the Republic of South Sudan. These measures are viewed by the Ministry of Petroleum as counterproductive to the shared mission of the Republic of South Sudan's and the United States' governments to bring peace and stability to South Sudan. The Ministry of Petroleum pledges to work closely with the U.S. Department of Commerce and take all possible measures to remove these restrictions and resume normal relations with the U.S.

The Republic of South Sudan's Transitional Government of National Unity and the Ministry of Petroleum will continue to invite investment in the petroleum sector and to work tirelessly to create an enabling environment for business to thrive in the Republic of South Sudan. The oil and gas sector is a foundation of the economy and depends on international technology imports. Existing petroleum operations will not be affected, as materials are not currently being imported from the U.S., but the Ministry of Petroleum is nevertheless committed to resolving this situation and improving the trading relationship between the Republic of South Sudan and the U.S.

Since the founding of our nation, the United States has been considered our closest partner and ally in our mission to build a free and prosperous society. We have faced numerous challenges together, and will continue to view the U.S. as a role model and partner as we lay the foundations for the Republic of South Sudan's recovery and growth.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

africaoilandpower.com/2018/03/22/south-sudan-respo...

South SudanUnited StatespetroleumTechnology Imports

More items from aydanur


Lesotho Seeks to Export Power, Renewables to Drive Development

Lesotho's Minister of Energy and Meteorology will present Lesotho's energy investment opportunities at Africa Oil & Power 2019 on October 9-11 in Cape Town. Wind and hydro projects will provide the basis for power sector expansion; Ministry also calls for investment in transmission and Southern A ...

Aydanur Akkurt - Africa Oil & Power


Posted 6 days agoPress > LesothoRenewable EnergyAfrica Oil & Power +3

Uganda’s Second Oil and Gas Licensing Round Will Attract Investment, Infrastructure Development

The country's second oil and gas licensing round for the exploration of five blocks in the Albertine Graben – Uganda – aims to increase international investment into Uganda's oil-rich energy sector, with the government expecting to sign Production Sharing Agreements and issue exploration licenses t ...

Aydanur Akkurt - Africa Oil & Power


Posted 14 days agoOpinion > UgandaLicencing RoundFrank Mugisha +6

Kenya to #MakeEnergyWork as it launches Africa’s largest wind farm

Kenya has launched Africa's largest wind farm project in a bid to boost the country's power generation capacity and reach its goal of 100 percent renewable energy generation by 2030. “The successful implementation of Lake Turkana Wind Power demonstrates Kenya's outstanding credentials as an inves ...

Aydanur Akkurt - Africa Oil & Power


Posted 22 days agoLink > KenyawindPower +2

South Africa sets gas plans in motion with new LNG import terminal

State-owned freight logistics firm, Transnet, said on Tuesday that it had signed a cost-sharing agreement with the World Bank's International Finance Corporation (IFC) to conclude a feasibility study for the development of a liquified natural gas (LNG) storage and regasification terminal at the Po ...

Aydanur Akkurt - Africa Oil & Power


Posted 22 days agoLink > South Africagasrenewables +1

Senegal to Launch Next Oil & Gas Licensing Round in October at Africa Oil & Power 2019

H.E Macky Sall, President of the Republic of Senegal meets with Africa Oil & Power CEO Guillaume Doane to discuss Senegal's next phase of investment President Sall will receive the Africa Oil Man of the Year award at the AOP 2019 conference. Senegal continues on its efforts to develop its oil, g ...

Aydanur Akkurt - Africa Oil & Power


Posted 24 days agoPress > SenegalOilgas +5
All posts from aydanur