SOUTH SUDAN

South Sudan Oil Income Falls, Peace Process Stalls

South Sudan has fallen behind in oil transit payments to Sudan, which in turn is taking additional oil in lieu of payment, further decimating the South’s revenues.

South Sudan’s crude oil earnings continue to fall in the midst of a conflict that is decimating production and absorbing all its remaining income. The latest lifting schedule for the country’s Dar Blend crude, for shipment in September, suggests...