Thursday, November 21African Digital Business Magazine

Tag: Juba

Energy, South Sudan

Ministry Of Petroleum Launches First Oil Licensing Round Political Progress And Stability Sees South Sudan Open Up Energy Sector For Investment

Juba, South Sudan, June 23rd, 2021 – The Ministry of Petroleum (MoP) of the Republic of South Sudan, is honored to announce the launch of the country’s first Oil Licensing Round. The MoP has identified new exploration blocks with potential hydrocarbons and has compiled crucial data to provide to interested investors, operators and counterparties. According to the new analysis commissioned by the Ministry, approximately 90% of South Sudan’s oil and gas reserves remain unexplored, providing unprecedented opportunities to international investors. The Oil Licensing Round aims to attract interest from a diverse group of foreign investors to a region that is already home to oil and gas majors from China and Malaysia. The country is hoping to welcome back experienced partners and operators follo...
Energy, South Sudan

Ezra Power Plant Shut-Down Notice Republic Of South Sudan Government Fails To Make Promised Payments

Ezra Construction and Development Group (ECDG) hereby gives notice that the Juba power plant will cease to operate in the next few days. On 31 March, 2021, the company had notified Hon. Peter Marcello Nasir Jelenge, Minister of Energy and Dams, that it would be forced to take this drastic action unless the government of the Republic of South Sudan urgently made the US Dollar payment as set out in the PPA agreement signed on 16 August 2017. It is to be remembered that Ezra Construction and Development Group (ECDG) has built and is operating a power plant for the national grid of South Sudan. Ezra has made an extensive investment by the end of 2019 to make available over 230,000,000 kWh by the end of 2020. Over 64,000,000 kWh was consumed in 2020 alone by over 20,000 customers marking a succ...