South Sudan targets increased oil production to boost economy

South Sudan targets increased oil production to boost economy

South Sudan is looking to boost oil production and build local refineries as part of a sweeping government effort to revive an economy battered by years of war and a global pandemic. Oil production, which accounts for nearly all of government revenues, has plummeted and according to Bol Ring Mourwel, managing director of state-owned Nile…

South Sudan targets increased oil production to boost economy
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South Sudan targets increased oil production to boost economy

South Sudan is looking to boost oil production and build local refineries as part of a sweeping government effort to revive an economy battered by years of war and a global pandemic. Oil production, which accounts for nearly all of government revenues, has plummeted and according to Bol Ring Mourwel, managing director of state-owned Nile…