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Upon South Sudan’s independence in 2011, many hoped the country’s oil wealth would help build the state and lift citizens out of poverty. Instead, politicians have shunted these revenues toward patronage and personal enrichment, feeding internal conflict. Transparency and accountability are badly needed.
A number of refineries in Africa have been offline, either following maintenance as Zambia’s Indeni, or due to a lack of crude supply as Ghana’s Tema. Two refineries in South Africa also remain offline — Engen’s Durban and the Cape Town refinery — as well as Cameroon’s Limbe. Near-term maintenance New and revised entries ** ...
Commentary By Vijay Jayaraj | May 20, 2021 | 12:35pm EDT Two men walk on March 2, 2014 near the Paloch oil fields in Upper Nile State, the site of an oil complex and key crude oil processing facility in the north of the country near the border with Sudan. (Photo credit: ALI NGETHI/AFP via Getty Images) For the first time in many decades, there is a sense of hope and optimism for economic growth and development in South Sudan. I want to tell you why. The landlocked country in East-Central Africa is one of the poorest in the world. Around 4 ...
By Vijay Jayaraj | May 20, 2021 | 12:35pm EDT Two men walk on March 2, 2014 near the Paloch oil fields in Upper Nile State, the site of an oil complex and key crude oil processing facility in the north of the country near the border with Sudan. (Photo credit: ALI NGETHI/AFP via Getty Images) For the first time in many decades, there is a sense of hope and optimism for economic growth and development in South Sudan. I want to tell you why. The landlocked country in East-Central Africa is one of the poorest in the world. Around 4 out of 5 of its people live...
Refinery news roundup: Some refineries in Africa remain offline In South Africa, both the Engen and Cape Town refineries remain offline, whereas Zambia’s Indeni is not expected to restart after a maintenance until later this year. Overall refining output in Africa remains low as many refineries remain closed or are operating intermittently, according to Africa-focused oil consultancy CITAC. In South Africa alone, refinery output fell 28% last year as all refineries were closed in April and May due to the lockdown. In April, South Africa’s Engen said it will be proceeding with the conversi...