Sudan fighting threatens South Sudan oil exports – agency warns

Author: Chany Ninrew | Published: Tuesday, April 18, 2023

Oil facility in Tharjiath, Unity State. | Photo: Benjamin Takpiny.

South Sudan’s oil export risks being affected by the fighting in Sudan between the army and the Rapid Support Force paramilitary group, a leading energy news site has warned.

Oil Price.Com said landlocked South Sudan’s most precious export could be hampered as the battle rages on for the fourth day in Khartoum, amid growing concerns that this could turn into a full-blown civil war.

South Sudan exclusively exports its oil through Sudan to the international market through the Red Sea corridor.

Oil accounts for over 90 percent of the country’s revenue.

“For oil markets, the concern is that civil war could disrupt oil exports from South Sudan, which rely on Sudan to get its crude to the market via an oil terminal on the Red Sea,” reads a press release published on its website.

However, there have not been indications yet that oil exports have been affected.

The group pointed out the 2021 ethnic protests in eastern Sudan which disrupted exports from South Sudan.

“Now, oil markets are closely watching the power struggle between military and paramilitary forces for signs that South Sudan’s crude could be disrupted once again.”

“Because the Red Sea port, which handles South Sudan’s crude oil, is a strategic infrastructure asset, oil market observers are keeping a cautious eye on developments,” it added.

 

 

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