South Sudan working to boost oil production soon
May 23, 2016 (JUBA) – South Sudan’s newly appointed national minister of Petroleum in the Transitional Government of National Unity (TGoNU), Dak Duop Bichiok, has said his ministry is working to ensure that the oil production in the country should increase by July 2016.
It reduced from over 300,000 barrels a day in 2013 to about 165,000 barrels per a day in 2014 at the peak of the war.
The reduction of the oil production, which the nation depended on for 98% of its budget, coupled with reduction in global oil prices, has resulted to lack of revenues to run the government.
Minister Dak told Sudan Tribune on Monday that he has set up a team of 21 members to work on the process to increase the oil production.
He also said the team will kick off with the implementation of the reform and review in the oil sector as stipulated in the August 2015 peace agreement.
“We have formed a technical committee of 21 members chaired by the Under-secretary of the Ministry of Petroleum, Engineer Mohamed Lino, to work out plans for reform and review in the oil sector,” Minister Dak said.
He added that the review process will include oil companies operating in the country.
He took over the petroleum ministry from his predecessor, Stephen Dhieu Dau, in accordance with the executive power sharing in the peace agreement which has given the petroleum ministry to the opposition faction of the Sudan People’s Liberation Movement (SPLM-IO).
Minister Dak, a veteran politician, was formerly a national minister in Khartoum before the split of South Sudan from the rest of the Sudan in 2011. He was also governor of Upper Nile state for several years.
(ST)