"In The Press" Article / Feb. 13, 2013

Reuters: South Sudan hopes to raise $1 billion from oil block sales

South Sudan hopes to sell several unexplored oil blocks for $1 billion in coming months, a finance official said, giving a potential lifeline for the African country's hobbled economy. Reuters.

To read the Global Witness report on South Sudan's new oil laws, including the requirements set out for transparent, open, and competitive oil contract allocation, click here.

To read a previous Global Witness press release on oil-backed loans in South Sudan, click here.