{"id":283420,"date":"2025-11-14T06:55:14","date_gmt":"2025-11-14T06:55:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/283420\/"},"modified":"2025-11-14T06:55:14","modified_gmt":"2025-11-14T06:55:14","slug":"south-sudan-asks-crude-producers-for-2-5b-pre-payment","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/283420\/","title":{"rendered":"South Sudan Asks Crude Producers for $2.5B Pre-Payment"},"content":{"rendered":"

South Sudan is asking crude producers for a total pre-payment of $2.5 billion, which it intends to refund through future production that would have been entitled to Petroliam Nasional Bhd.<\/p>\n

In separate letters sent in October to ONGC Nile Ganga BV and a unit of China National Petroleum Corp. and seen by Bloomberg, the petroleum ministry asked for $1 billion and $1.5 billion respectively to be repaid in 54 months.<\/p>\n

The two companies were in consortia with Petronas before the Malaysian multinational abandoned its assets in South Sudan, which were subsequently\u00a0confiscated<\/a>\u00a0by the state-owned Nile Petroleum Corp.<\/p>\n

\u201cWe hope the agreement will be worked within one month from the date of receipt of this letter,\u201d according to both leaked documents, which the ministry confirmed as authentic.\u00a0<\/p>\n

Both companies were not readily available to comment.<\/p>\n

The ministry said the leak \u201cconstitutes a gross violation of government confidentiality, ethics, and national security protocols.\u201d<\/p>\n

State coffers in South Sudan \u2014 which relies on crude exports for more than 90% of government revenue \u2014 have run dry as a war in neighboring Sudan froze nearly the nation\u2019s entire export.<\/p>\n


<\/p>\n


\n Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed. \n <\/p>\n

element
\n\t\t\t\tvar scriptTag = document.createElement(‘script’);
\n\t\t\t\tscriptTag.src = url;
\n\t\t\t\tscriptTag.async = true;
\n\t\t\t\tscriptTag.onload = implementationCode;
\n\t\t\t\tscriptTag.onreadystatechange = implementationCode;
\n\t\t\t\tlocation.appendChild(scriptTag);
\n\t\t\t};
\n var div = document.getElementById(‘rigzonelogo’);
\n div.innerHTML += ‘‘ +
\n ‘\"RIGZONE‘ +
\n ‘<\/a>‘;<\/p>\n

\t\t\tvar initJobSearch = function () {
\n\t\t\t\t\/\/console.log(“call back”);
\n\t\t\t}<\/p>\n

\t\t\tvar addMetaPixel = function () {
\n if (-1 > -1 || -1 > -1) {
\n \/*Meta Pixel Code*\/
\n !function(f,b,e,v,n,t,s)
\n {if(f.fbq)return;n=f.fbq=function(){n.callMethod?
\n n.callMethod.apply(n,arguments):n.queue.push(arguments)};
\n if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
\n n.queue=[];t=b.createElement(e);t.async=!0;
\n t.src=v;s=b.getElementsByTagName(e)[0];
\n s.parentNode.insertBefore(t,s)}(window, document,’script’,
\n ‘https:\/\/connect.facebook.net\/en_US\/fbevents.js’);
\n fbq(‘init’, ‘1517407191885185’);
\n fbq(‘track’, ‘PageView’);<\/p>\n

\/*End Meta Pixel Code*\/
\n } else if (0 > -1 && 82 > -1)
\n {
\n\t \/*Meta Pixel Code*\/
\n !function(f,b,e,v,n,t,s)
\n {if(f.fbq)return;n=f.fbq=function(){n.callMethod?
\n n.callMethod.apply(n,arguments):n.queue.push(arguments)};
\n if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
\n n.queue=[];t=b.createElement(e);t.async=!0;
\n t.src=v;s=b.getElementsByTagName(e)[0];
\n s.parentNode.insertBefore(t,s)}(window, document,’script’,
\n ‘https:\/\/connect.facebook.net\/en_US\/fbevents.js’);
\n fbq(‘init’, ‘1517407191885185’);
\n fbq(‘track’, ‘PageView’);
\n \/*End Meta Pixel Code*\/
\n\t }
\n }<\/p>\n

\/\/ function gtmFunctionForLayout()
\n \/\/ {
\n \/\/loadJS(“https:\/\/www.googletagmanager.com\/gtag\/js?id=G-K6ZDLWV6VX”, initJobSearch, document.body);
\n\t\t\t\/\/}<\/p>\n

\/\/ window.onload = (e => {
\n \/\/ setTimeout(
\n \/\/ function () {
\n \/\/ document.addEventListener(“DOMContentLoaded”, function () {
\n \/\/ \/\/ Select all anchor elements with class ‘ui-tabs-anchor’
\n \/\/ const anchors = document.querySelectorAll(‘a .ui-tabs-anchor’);<\/p>\n

\/\/ \/\/ Loop through each anchor and remove the role attribute if it is set to “presentation”
\n \/\/ anchors.forEach(anchor => {
\n \/\/ if (anchor.getAttribute(‘role’) === ‘presentation’) {
\n \/\/ anchor.removeAttribute(‘role’);
\n \/\/ }
\n \/\/ });
\n \/\/ });
\n\t\t\t\/\/\t\t}
\n\t\t\t\/\/\t\t, 200);
\n\t\t\t\/\/});<\/p>\n","protected":false},"excerpt":{"rendered":"South Sudan is asking crude producers for a total pre-payment of $2.5 billion, which it intends to refund…\n","protected":false},"author":2,"featured_media":283421,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164,62771],"class_list":{"0":"post-283420","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy","12":"tag-oil-and-gas-petroleum-news-events-stories-articles-analysis-commentary-headlines-stocks-finance-commodities-maps-pictures"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/283420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=283420"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/283420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/283421"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=283420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=283420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=283420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}