South Sudan, Chinese Firm Sign Deal to Construct Modern Oil Refinery
08.27.2024 By Tank Terminals - NEWS

August 27, 2024 [The East African]- Chinese firm Shengli Oilfield Keer Engineering and Construction Company (Sokec) on Friday signed an agreement with South Sudan’s state-owned Nile Petroleum Corporation (Nilepet) to construct modern oil refinery and storage facilities in South Sudan.

 

President of Sokec Wu Song and Managing Director of Nilepet Muhammad Lino Benjamin signed a Memorandum of Understanding (MoU) which will see the Chinese firm immediately begin investing in South Sudan.

Benjamin hailed Sokec for its contribution to the development of the youngest nation in Africa.

“With this MoU, we hope you will be able to translate it into agreements and projects that we will do together,” he said at the signing ceremony in Juba, the capital of South Sudan.

Wu said Sokec will embark on investment without hesitation, aiming to enhance production capabilities and operational efficiency.

“We will start our preparation work as soon as possible on the refinery and storage facilities,” he said.

The high-level delegation from the Chinese firm began a two-day visit on Monday to the oil fields in Tharjiath, Unity State, to inspect the facilities and assess the current state of the refinery operations.

Kuol Deng Maleith, director general of Midstream in Nilepet, said that the visit by representatives of the Chinese firm represents a significant step toward modernizing and expanding South Sudan’s oil industry.

He emphasised the critical role of international investors in the continued development of the country’s oil sector and its broader economic growth.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Us Oil Companies See Big Profit Jump, Gird for Clash Over Pump Prices With Trump
07.03.2026 - NEWS
July 03, 2026 [Reuters]- U.S. oil companies are set to report their strongest quarterly profits i... Read More
TotalEnergies Offers Millions of Barrels of Iraqi Crude to Asian Buyers
07.03.2026 - NEWS
July 03, 2026 [Oil Price]- TotalEnergies is offering millions of barrels of Iraq’s Basrah Mediu... Read More
Canada, Alberta Announce New West Coast Oil Pipeline to Boost Exports
07.03.2026 - NEWS
July 03, 2026 [Reuters]- Canada announced plans to build a new oil pipeline from Alberta to the P... Read More
Hanseatic Global Terminals Plans to Acquire 20% Stake in Eurogate Container Terminal Hamburg
07.03.2026 - NEWS
July 03, 2026 [Storage Terminals Magazine]- Hanseatic Global Terminals (HGT) has signed a term sh... Read More