Wednesday, March 27, 2024

Disruption of South Sudan's Oil Threatens Regime

 Aljazeera published on 26 March 2024 an article titled "South Sudan on the Brink after Oil Exports Derailed by Sudan's Civil War" by Mat Nashed.

All oil produced in South Sudan passes through war torn Sudan where it is exported from the Red Sea at Port Sudan. The oil pipeline was damaged last month in an area controlled by Sudan's paramilitary Rapid Support Forces.  It has not been possible to repair the pipeline because of ongoing fighting, raising fears that South Sudan's economy could collapse.

The pipeline accounts for as much as three-quarters of South Sudan's oil revenue, which, in turn, accounts for 90 percent of the country's revenue.  Most of the oil revenue supports the ruling leadership in Juba, which faces elections in December.