France’s Total is in discussions with the newly formed country of South Sudan over starting possible exploration activities.
News reports from East Africa indicate that the French oil firm is interested in exploration concession in the Jonglei state.
South Sudan owns about 75 per cent of the former country of Sudan’s oil reserves, but has yet to build its own infrastructure to transport for export. A pipeline through Kenya is being planned, but will take anything up to 12 months to build.
Oil makes up 98 per cent of revenues for South Sudan, but the new government is not producing oil until the dispute has been settled.