By Bida Elly David
The President of the republic of South Sudan has directed the managing director of Nilepet to avail sufficient fuel in the country to enable economic activities run without any constraint and urged him to invest in youth.
He said this during a meeting with the Managing Director of Nile Petroleum regarding the current activities of the company as well as some of the projects to be initiated as part of their strategies.
Nile Petroleum Corporation (Nilepet) is the leading national oil and gas company of South Sudan. It was incorporated in 2009 by the government of Sudan and transferred to the government of South Sudan in 2011. Nilepet is the successor company in South Sudan to Sudapet, the national oil and Gas Company of Sudan.
It majorly serves the purpose of providing sufficient fuel across the Country. It also guaranteed high percentage of employment opportunities to South Sudanese across the Country.
Recently, Nilepet in collaboration with the Ministry of Petroleum hosted a power and gas conference aimed at analyzing and brainstorming on the current status of the Country in regards to power availability as well as figured out ways through which the challenges could be mitigated.
Despite being the leading petroleum company in South Sudan, it has severally being challenged by the citizens as the Country was battled by continuous fuel shortages leaving the economy to under unexpected recession through wide market inflation.
Speaking to the media after the meeting, Dr. Chol Deng, the Managing Director of Nile Petroleum said he briefed the President on the current activities of Nile Petroleum, which included the vision “2027” of NilePet becoming an Operator in the Country.
He also reiterated the company’s readiness to takeover operations in block 3 and 7 where the current exploration and production sharing agreement will come to an end.
Dr. Chol further briefed the President on the strategy laid to establish and improve their main office including as well as the refinery building for better transformation.
The meeting also covered talks around the need for expediting the construction of roads leading to refinery areas that will enable the movement of the refined products to the consumption areas.
During the meeting, the President further directed the Managing director of Nilepet to ensure that fuel is availed in the Country to facilitate all sorts of transportation system.
President Kiir emphasised on the need for Nile Petroleum to invest more on the local content (Youth). He urged him to complete the main office building as soon as possible.
Furthermore Dr. Chol briefed the President on the recent resolutions and outcomes of the Nile Petroleum Corporation Board of Directors Meeting as well as the Oil and Power conference that was hosted by Nile Petroleum.