Monday December 11, 2017

OIL HUNGRY CHINA IS LEADING U.S IN SOUTH SUDAN OIL BUSINESS

UN HEADQUARTERS –  The world leaders are gathering in New York for the Open Government Partnership. The Republic of South Sudan President, Salva Kiir Mayardit is among the honorable guests, and therefore, it will be his first time as the President of Independent State (South Sudan) to sit down with world dignitaries, including U.S. President Obama.

President Kiir will introduce himself and Republic of South to the world though the international community has already recognized South Sudan as the independent state on July 14th 2011 (South Sudan 193rd member of the United Nations).

However, today when the President Obama and Kiir meet on the side at the United Nation, they are most likely to examine South Sudan’s oil market since U.S. and its companies are worry that China is taking all the oil business in both South Sudan and Sudan.

U.S. special envoy to Sudan Princeton Layman admitted that, “The United State is trailing China in the race for business in the new nation of South Sudan, despite leading the international effort to help South Sudan become an independent nation after decades of guerrilla war.”

“I’m sure we’re going to open that door, but the rules of the game are still being worked out, and that is very frustrating to the South because they want American oil companies there,” Lyman told reporters.

The civil war between North and South Sudan lost more than 2 millions lives, and 2.5 millions people were displaced but resolve through Comprehensive Peace Agreement in 2005 followed the independent on July 9 2011 left Bashir’s government isolated on the world stage. Nevertheless, all those process, CPA 2005 and Independent 2011 come through the help from U.S. government and its citizens.

 

China is taking an advantage on South Sudan’s oil as Sudan is still on the U.S. terror list, therefore, there is a limitation for the U.S. to get into South Sudan oil business since South Sudan’s main oil export is through Port Sudan as well as using Sudan’s pipeline. South Sudan divorced 10 weeks ago from Sudan.

However, this scenario would not prevent U.S. from trying oil business with it ally, South Sudan.

THE UPPER NILE TIMES

 

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