Cabinet Announces Plans to Build a New Oil Refinery in Tharjath

Juba: Alnaeim Mubarak Kuol

The South Sudan Cabinet has announced plans to build a new $3 billion oil refinery in the Tharjath area, located south of Unity State, which is rich in oil resources. Tharjath is situated in Koch County, a region with small capacity and lacking proper road connections.

The refinery will be funded through a public-private partnership, with 30% ownership by Nilepet, the state-owned oil company of South Sudan, and 70% by “Quad Layer Holdings.”

The refinery project also includes the construction of roads to ensure that fuel products reach the market. Currently, South Sudan imports fuel through the Mombasa port in Kenya.

The Ministry of Finance and National Planning will begin paying salary arrears to civil servants and will address issues such as the withdrawal of Petronas and the currency shortage in the banking sector.

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