South Sudan is pitching new exploration blocks to investors while its current oil exports remain heavily taxed by the Sudanese Army and rival RSF forces controlling the transit pipelines.
Sudan and South Sudan's combined exports were only about 155,000 bpd in October, too small a share of global supply to shift Brent on its own. The warring factions extracting payment before cargoes leave the Red Sea is an ongoing situation rather than a new outage, and South Sudan's 230,000 bpd target is an ambition for investors, not added barrels now.
South Sudan is courting investors for 14 exploration blocks, aiming to raise production from 170,000 barrels per day to 230,000. However, the nation's exports remain captive to Sudan's civil war, with warring factions extracting payments from oil transiting through the Greater Nile and Petrodar pipelines.