The South Sudan petroleum ministry is continuing its efforts to pre-finance crude deals to support the continued functioning of the government and its war effort. “We have pre-financing deals with Trafigura and BB Energy,” petroleum minister Ezekiel Lol Gatkuoth told African Energy in an interview. Dutch trader Trafigura has signed several pre-financing deals with Juba since independence, usually for several months at a time. Lebanon-based BB Energy is a relatively new entrant to the South Sudan market, but has been taking an increasing share of cargoes in recent months.
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