South Sudanese oil production could remain low
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Subject The outlook for South Sudanese oil production. Significance South Sudanese exports are dominated by oil production. The end of the 2013-15 civil war and establishment of a national unity government could signal an improved outlook for the oil sector, but transportation and infrastructure barriers, low prices, a fragile peace and poor local management may hinder the sector's revitalisation efforts. Impacts Donors and the IMF will pressure authorities to increase non-oil revenue sources. No new oil exploration is likely before 2017. Further disruptions in oil production are possible. Lower oil prices will affect South Sudan more than most oil states given its overwhelming reliance on oil exports.
2019 ◽
Vol 12
(6)
◽
pp. 71-93
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