Sudanese Minister for Energy and Mining, Adel Ali Ibrahim, is expected to attend South Sudan’s Oil and Power Conference at the Juba from October 29-30, 2019.
The Minister will meet with his counterpart, Minister Awow Daniel Chuang, from South Sudan, to discuss the resumption of Block 5A, which has the potential of producing up to 60,000 barrels per day and operated by Sudd Petroleum Operating Company.
The Ministers will also discuss oil infrastructure, including logistics corridors between the two countries, shared pipelines and processing facilities.
“The resumption of Block 5A will happen very soon. We are currently in negotiations with Sudan regarding pipeline agreements to export crude from this block. South Sudan does not currently have its own pipeline and we are contingent on this before production resumes,” Arkangelo Okwang Ojok, Director General of Training, Planning and Research for the Ministry of Petroleum said in a statement copied to energynewsafrica.com.
Sudan has been instrumental in brokering peace in South Sudan; and Sudan’s recently sworn-in Prime Minister, Abdalla Hamdok, travelled to South Sudan in September to meet with President Salva Kiir to back a new peace roadmap.
With a major focus on ramping up its oil industry, South Sudan is recovering its position as a major African producer and is actively creating a favourable investment climate through high-level discussions with energy leaders, ministries and companies at SSOP 2019, produced by Africa Oil & Power.
Under the theme: ‘Focus on Finance’, SSOP 2019 is set to explore the challenges and means of financing projects, attracting new investment and investing in facilities.
In addition to finance, the conference would examine community development, environmental issues and oilfield technology.
Minister Chuang would also reveal the details of the 2020 oil and gas licensing round at SSOP 2019, which would include dates, requirements and other details of the tender.
Source:www.energynewsafrica.com
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