South Sudan oil and gas

Confusion in South Sudan as government tries to undermine Savannah-Petronas deal

In depth
Issue 492 - 09 Oct 2023 - By James Gavin | 7 minute read

Reports of a surprise deal by the government to acquire Petronas’s oil and gas portfolio in partnership with a little-known American outfit have reinforced concerns about South Sudan’s governance. Juba has backtracked on its initial claims about a $3bn oil and infrastructure deal that would have replaced the previously announced Petronas-Savannah deal, but investors are likely to be ever more nervous, writes James Gavin.

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