South Sudan, having faced a shutdown in oil production due to conflict in Sudan, has resumed output as of January 8, 2025. The announcement was made by Minister of Petroleum Puot Kang Chol, who expressed optimism about the potential economic benefits despite ongoing issues such as corruption and weak institutions. Oil production targets 90,000 barrels per day initially, reflecting a reliance on Sudanese infrastructure for exports. The resumption follows Sudan lifting a ban on oil exports, aiming to stabilize South Sudan's economy and rekindle international partnerships in the oil sector.
"We know that our economy is suffering. We believe that with resumption, resources will be back to the table."
"The kick-off date for DPOC resumption is as early as tomorrow."
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