South Sudan’s oil reserves are estimated at 3.5 billion barrels, giving it the third-largest reserves in sub-Saharan Africa, after Nigeria and Angola.Oct 31, 2022
https://www.fdiintelligence.com/content/feature/the-promise-of-oil-and-gas-in-south-sudan-81521
The country’s economic prospects continue to be wedded to its oil, which accounts for almost all its exports and 90% of government revenue, according to the IMF. Meanwhile, agriculture provides the main source of livelihood for more than 80% of households and the population remains https://en.m.wikipedia.org/wiki/Government_of_Sudanheavily reliant on humanitarian aid.
The Greater Nile Oil Pipeline stretches 1,600 km from South Sudan’s Unity and Helig oil fields to export terminals on the Red Sea, south of Port Sudan. Capable of carrying 250,000 b/d, it is operated by the China Oil & Gas Pipeline Network Corporation and Malaysia’s Petronas, which has evacuated staff. May 2, 2023
Sudan has had two civil wars since it gained independence in 1956. The second Civil War ended in 2005 and led to the Comprehensive Peace Agreement (CPA) between the Sudanese government and the rebel factions in the southern region. The CPA established guidelines for oil revenue sharing and a timeframe to hold a referendum for independence of the South.
The secession of South Sudan significantly affected Sudan’s economy because Sudan lost 75% of its oil reserve fields to South Sudan. Sudan and South Sudan’s oil sectors play a vital role in both economies and are closely linked; most of the oil producing assets are near or extend across their shared borders. Since the split, oil production in Sudan and South Sudan declined because of continued domestic political instability in both countries.
Sudan rich in Oil Reserves despite the Sudanese population who depends upon the International Humanitarian Aid to aid off starvation.
Interesting, is the two warring generals of the Sudan Army, and the Rapid Support Forces (RSF) previously, worked together to overthrow al-Bashir and transform Sudan into a Demoratic government.
Government of Sudan is the federal provisional government created by the constitution of Sudan having the executive, parliament, and the judiciary. Previously, a president was head of state, head of government, and commander-in-chief of the Sudanese Armed Forces in a de jure multi-party system. Legislative power was officially vested in both the government and in the two chambers, the National Assembly (lower) and the Council of States (higher), of the bicameral National Legislature. The judiciary is independent and obtained by the Constitutional Court.[1] However, following a deadly civil war and the still ongoing genocide in Darfur, Sudan was widely recognized as a totalitarian state where all effective political power was held by President Omar al-Bashir and his National Congress Party (NCP).[2][3][4][5] However, al-Bashir and the NCP were ousted in a military coup which occurred on April 11, 2019.[6][7] The government of Sudan was then led by the Transitional Military Council or TMC.[8][9][10][11] On 20 August 2019, the TMC dissolved giving its authority over to the Sovereignty Council of Sudan, who were planned to govern for 39 months until 2022, in the process of transitioning to democracy. However, the Sovereignty Council and the Sudanese government were dissolved in October 2021.[12]
https://en.m.wikipedia.org/wiki/Government_of_Sudan
South Sudan flag.
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