WORLD


South Sudan makes new oil discovery

Baku, August 23, AZERTAC

South Sudan has discovered a new oil well in the Adar area of Northern Upper Nile State that contains 5.3 million barrels of recoverable crude, Petroleum Minister Awow Daniel Chuang said, according to Anadolu Agency.

“This is the first of its kind since independence” in 2011, Chuang told reporters in the capital, Juba. “As of now, we are so excited about this.”

The discovery by Dar Petroleum Operating Company is a significant step forward in the exploration and production of crude in the African nation, which is recovering from five years of crisis, he said.

“It’s a new structure in an old concession area, an additional discovery to existing production about 15 kilometers (9 miles) from the Adar oilfield, which means we can start production within a very short time

“It’s a discovery of 37 million barrels, and we are expecting to recover about 20% of that,” he said.

“As we announce this new discovery, it means we should move to do more. We are going to move to other blocks -- B1 and B2 and E1 and E2 -- and all the other areas, including the green areas,” he added.

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