South Sudan’s petroleum ministry on Friday signed an agreement with South Africa that will allow the Johannesburg-based state-owned oil company to invest in energy sector in Juba.
Ezekiel Gatkuoth, South Sudan’s petroleum minister, said the agreement will allow the two countries to work jointly in the country’s oil industry and gas to improve the economy.
The deal was signed with visiting Energy Minister of South Africa, Jeff Radabe.
“What we have signed is a cooperation deal between the two national oil companies and the funding will come from the Central Energy Fund of South Africa,” Gatkuoth told journalists in Juba. Read more
