South Sudan's government has flagged its commitment to increased transparency with a new official report, but fresh details on a planned licensing round are largely absent.
The aim of the seventh Petroleum Report is to “explain the monetisation of South Sudan’s crude and meet compliance obligations for information disclosure required by the legislature”, according to the Petroleum Ministry.
Petroleum Minister Daniel Awow Chuang said the ministry aims “to promote transparency and financial accountability”, outlining infrastructure development and refinery plans.
The report follows hard on the heels of South Sudan’s first comprehensive environmental audit of all operating oilfields, designed to assist in rehabilitation efforts and complement efforts to conduct an open and transparent licensing exercise.
The Ministry’s website, which appears to be a work in progress, lists only the producing assets and the equity breakdown for incumbent consortia, including already allocated exploration acreage but omits full indication of which blocks will be offered under the forthcoming round.
Nonetheless, blocks B1, E1 and E2 are described as “open for any interested investors”, while it is understood that 14 blocks may be included when the round is launched in Nairobi, Kenya next month.
South Sudan crude exports are currently routed through Sudan to the Red Sea terminal at Port Sudan, and the report also confirms that two alternative export pipeline routes have been studied and evaluated with a “decision expected to be finalised soon".