{"id":9190,"date":"2020-09-22T10:26:43","date_gmt":"2020-09-22T10:26:43","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=9190"},"modified":"2020-09-22T10:26:43","modified_gmt":"2020-09-22T10:26:43","slug":"south-sudan-investing-oil-proceeds-into-productive-sectors-such-as-agriculture-and-infrastructure","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-investing-oil-proceeds-into-productive-sectors-such-as-agriculture-and-infrastructure\/","title":{"rendered":"South Sudan Investing Oil Proceeds into Productive Sectors such as Agriculture and Infrastructure"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The government of the Republic of South Sudan is working hard to transform the country and the lives of its people. This year was particularly tough on the east African country as it dealt with the drop in oil prices, the Coronavirus pandemic as well as civil unrest, but the government is determined to continue its work in achieving peace and stabilising the economy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite the challenges, the world\u2019s youngest country is positive about the future, an outlook shared by the\u00a0 African Development Bank (AfDB) which has strongly supported South Sudan with various developmental projects.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of its current projects is to provide a city-wide power grid in Juba for the first time since the country\u2019s independence in 2011. The Juba Power Distribution System Rehabilitation and Expansion Project is lighting up the capital, promoting security and transforming lives and businesses. This US$38 million project, which is on track for completion at the end of 2020, will make a massive difference as the country has struggled to provide stable and reliable electricity since its independence. Once completed, the project will eventually connect at least 20,000 domestic and commercial consumers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another project promising to further transform the country is the South Sudan Strategic Water Supply and Sanitation Improvement Project. Due to years of armed conflict and under-investment in the development and maintenance of basic water infrastructure, there is a desperate need for investment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In June 2019, the AfDB committed to providing US$24.7 million to finance this project, which involves rehabilitating approximately 50km of Juba\u2019s distribution network, including metering and public water collection outlets.\u00a0 This project also covers the feasibility and engineering design for two other towns, the development of solar-powered water distributions systems, and sanitation and hygiene promotion in high-density rural communities surrounding Juba.\u00a0 Once completed, this initiative will provide a lifeline to citizens, directly benefitting 300,000 people in Juba and the surrounding rural Jubek state.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The AfDB Country Manager for South Sudan, Benedict Kanu, said, \u201cBy helping to improve the quality and delivery of urban water supply services in Juba city and strengthening rural water supply and sanitation services, the project will greatly assist its target population.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The government is also working on diversifying the economy away from oil, investing proceeds from the oil sector into productive sectors such as agriculture, livestock and infrastructure, as well as basic services.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The AfDB also stepped in here to help, with the 2020 lending programme for the country valued at US$20.6 million. The programme focuses on social and agriculture sectors and multi-sector\/governance sectors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">John Bosco Bukenya, AfDB\u2019s South Sudan Country Programme Officer believes the country needs to focus on the following key areas:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Resilience building in agriculture, livestock and fisheries<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Renewable energy, development and electrification<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Electricity transmission<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Road and transport infrastructure<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Enhanced water resource development and sanitation service provision<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Natural resource management, especially forestry resource development<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bank believes promoting sustainable development, job creation and poverty alleviation are some of the key priorities, in addition to paying special attention to structural reforms in the petroleum sector and security arenas.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The good news is that despite all the struggles South Sudan has faced, things are indeed looking up. The country is on schedule to pay off its debt to Sudan, which will have a positive impact on its economy. In 2011, as part of its independence agreement with Sudan,\u00a0 South Sudan agreed to compensate its northern neighbor for its former oil reserves, which are now under the control of South Sudan.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The compensation includes the Transitional Financial Assistance (TFA) which is a US$3 billion non-commercial tariff.\u00a0 The Hon. Engineer Awow Daniel Chuang, Undersecretary of the Ministry of Petroleum explains the payments, \u201cThere are four fees that South Sudan pays for every barrel produced. A transportation fee, a processing fee, a transit fee and the non-commercial tariff (TFA). The first three fees are commercial. These fees have a major impact on the economy of South Sudan and the oil industry, particularly the political fee (TFA) as it amounts to US$15 per barrel. The three commercial fees combined are between US$9 and US$11. Often, people talk about South Sudan having a lot of oil money but forget how much we pay Sudan. They don\u2019t understand where this money goes.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He adds, \u201cSudan receives about US$24.10 per barrel of Dar Blend, and US$26 for Nile Blend. When crude oil was being sold at US$30, there was very little left for South Sudan. In May, this year, we sold at US$18, so we were running at loss.\u201d Due to the lack of funds, South Sudan instead pays 28,000 barrels of oil a day, which is equivalent to about 840,000 barrels a month.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The light at the end of the financial tunnel is glowing brighter, as the TFA is expected to be paid off in 2021, which means the country would have taken ten years to pay off this US$3 billion debt.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Undersecretary Chuang adds, \u201cWe will be able to breathe again once the TFA is fully paid up.\u201d And now with the end of these payments in sight, the government can concentrate on initiatives that will uplift the country and its citizens.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government of the Republic of South Sudan is working hard to transform the country and the lives of its people. This year was particularly tough on the east African &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-investing-oil-proceeds-into-productive-sectors-such-as-agriculture-and-infrastructure\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":9191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7443,11],"tags":[4891,80,94,8486,4871,8484,1130,1225,8481,8483,1753,2955,4162,8485,2382,8482,3154,2704],"class_list":["post-9190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-eastern-africa","category-top-news","tag-afdb","tag-african-development-bank","tag-agriculture","tag-dar-blend","tag-electrification","tag-fisheries","tag-infrastructure","tag-juba","tag-juba-power-distribution-system-rehabilitation-and-expansion-project","tag-livestock","tag-nile-blend","tag-renewable-energy","tag-road","tag-sanitation","tag-south-sudan","tag-south-sudan-strategic-water-supply-and-sanitation-improvement-project","tag-transport","tag-water","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/South-Sudan-Toors-oil-Field.jpg?fit=919%2C617&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2oe","jetpack-related-posts":[{"id":6146,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-set-host-first-ever-energy-event-october\/","url_meta":{"origin":9190,"position":0},"title":"South Sudan Set To Host First Ever Energy Event in October","author":"","date":"July 12, 2017","format":false,"excerpt":"The Republic of South Sudan is to host the first dedicated energy and infrastructure event in the nation\u2019s history. Organized by Africa Oil & Power and fully commissioned and endorsed by the Transitional Government of National Unity, South Sudan Oil & Power 2017 will take place October 11-12 at Freedom\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/07\/south-sudan-oil-and-power.png?fit=365%2C405&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10497,"url":"https:\/\/www.oilnewskenya.com\/index.php\/regional-leaders-gather-at-south-sudan-oil-power-2021\/","url_meta":{"origin":9190,"position":1},"title":"Regional Leaders Gather at South Sudan Oil &#038; Power 2021","author":"","date":"June 28, 2021","format":false,"excerpt":"Celebrating a decade of independence and taking place against a backdrop of sustained peace and resilience, South Sudan welcomes guests to South Sudan Oil & Power (SSOP) 2021; SSOP 2021 will take place at the Crown Hotel in Juba on the 29th-30th\u00a0June 2021, in accordance with all COVID-19 regulations. The\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7253,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-oil-power-2018-returns-to-juba-next-week\/","url_meta":{"origin":9190,"position":2},"title":"South Sudan Oil &#038; Power 2018 Returns to Juba Next Week","author":"","date":"November 16, 2018","format":false,"excerpt":"South Sudan Oil & Power 2018 is returning to Juba on Nov. 21-22, and\u00a0is focused on attracting international investors and service companies into the country\u2019s newly revamped\u00a0oil industry. The theme for the conference \u2014 Embracing the Private Sector \u2014 follows the successful resumption of oil production by the Greater Pioneer\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/11\/Africa-Oil-Power-2018.png?fit=700%2C350&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/11\/Africa-Oil-Power-2018.png?fit=700%2C350&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/11\/Africa-Oil-Power-2018.png?fit=700%2C350&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/11\/Africa-Oil-Power-2018.png?fit=700%2C350&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":13915,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-wildcat-petroleum-opens-office-in-juba\/","url_meta":{"origin":9190,"position":3},"title":"SOUTH SUDAN: Wildcat Petroleum opens office in Juba","author":"","date":"September 4, 2023","format":false,"excerpt":"The current political unrest in the Republic of Sudan which flared up on the 15th\u00a0April has not fully resolved itself. However the Sudanese oil industry infrastructure has not been affected and the oil fields located around the Sudanese town of Heglig are still in operation. Since the start of the\u2026","rel":"","context":"In &quot;Eastern Africa&quot;","block_context":{"text":"Eastern Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/eastern-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Wildcat_Logo.png?fit=400%2C505&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8579,"url":"https:\/\/www.oilnewskenya.com\/index.php\/peace-deal-could-attract-oil-investment-for-juba\/","url_meta":{"origin":9190,"position":4},"title":"SOUTH SUDAN: Peace Deal Could Attract Oil Investment for Juba","author":"","date":"July 15, 2020","format":false,"excerpt":"By\u00a0Neil Ford The February peace agreement that was struck between the government of South Sudan and opposition forces could help to reignite interest in the country\u2019s oil industry. Restrictions imposed to mitigate the impact of the Coronavirus pandemic have temporarily halted a planned upstream licensing round but the improved security\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2019\/05\/PR_RSS-MoP_B2.jpeg?fit=600%2C440&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2019\/05\/PR_RSS-MoP_B2.jpeg?fit=600%2C440&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2019\/05\/PR_RSS-MoP_B2.jpeg?fit=600%2C440&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":310,"url":"https:\/\/www.oilnewskenya.com\/index.php\/chinese-oil-workers-south-sudan-to-juba\/","url_meta":{"origin":9190,"position":5},"title":"Chinese oil workers South Sudan to Juba","author":"Samuel Kamau Mbote","date":"December 20, 2013","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Story by Reuters China National Petroleum Company, a main oil investor in South Sudan, is evacuating oil workers to the capital, Juba, amid continued fighting in the world's newest country, a company official and state media said on Friday. State news agency Xinhua said CNPC planned to fly\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/oil_gas_mining.jpg?fit=625%2C469&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/oil_gas_mining.jpg?fit=625%2C469&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/oil_gas_mining.jpg?fit=625%2C469&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=9190"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9190\/revisions"}],"predecessor-version":[{"id":9192,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9190\/revisions\/9192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/9191"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=9190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=9190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=9190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}