Chinese are main buyers of South Sudan’s dwindling crude output


In depth
Issue 313 - 03 Dec 2015 | 8 minute read

Chinese companies accounted for almost 80% of the oil sold by the government of South Sudan in 2015, while the government’s share of oil revenues fell from 60% at the beginning of the year to barely a quarter in November, according to data from the Ministry of Petroleum and Mining seen by African Energy. Overall crude production has fallen by close to 10% during the year. Government oil revenues have dropped to less than $20m/month, compared to more than $50m/month in Q1 2015 and more than $200m/month before the start of the civil war in December 2013, according to African Energy calculations.

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