South Sudan says to offer 14 new oil blocks to investors


JUBA, Sept. 14 (Xinhua) -- South Sudan said Wednesday that it will offer 14 new oil blocks to investors in a bid to increase production to pre-war levels of 350,000 barrels a day.

Chol Deng Thon Abel, Managing Director of South Sudan's state-owned oil consortium, the Nile Petroleum Corporation Limited (Nilepet), told this to journalists in Juba, the capital of South Sudan, during the closure of the 5th annual oil and power conference.

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