South Sudan Oil Sale on the Rise

On 23rd July, South Sudan published figures for oil sales that suggests that until recent weeks, output had been consistently rising. According to the government, its share of marketed oil was 1 million barrels in June; 2.2 million barrels in July and a projected 3.2 million barrels in August. Assuming an average of government shares in sales of 60%, that puts sales at an average of 55,000 b/d in June, 118,000 in July and 172,000 b/d in August.