South Sudan extraction of oil from a local seed

Oil, export diversification and economic growth in Sudan

  • South Sudan extraction of oil from a local seed
  • South Sudan extraction of oil from a local seed
  • South Sudan extraction of oil from a local seed
  • South Sudan extraction of oil from a local seed

Technologies for extraction of oil from oilseeds and other

The Socio-Economic Impact of an Abrupt Loss

The Petroleum Revenue Sharing Arrangement

Energy Transitions and Environmental Protection: Environmental Impact

  • When did Sudan start producing oil?
  • Significant oil production started in 1999 during the presidency of Omar Al-Bashir; shortly after, the extractive industry accounted for the vast majority of exports. Between 1999 and 2011, the years when Sudan was still in control of the oil fields currently located in South Sudan), the economy grew impressively at an average annual rate of 5.8%.
  • Why did South Sudan lose oil in 2011?
  • The secession of South Sudan in 2011 triggered a major economic shock with a loss of approximately three quarters of all known oil reserves. As a result of this, Sudan’s oil dependence decreased substantially and abruptly, and no other sector was able to compensate for the loss of oil revenues.
  • What is the economic growth rate in South Sudan?
  • Between 1999 and 2011, during the years when Sudan was still in control of the oil fields currently located in South Sudan, the economy grew rapidly at an average rate of 5.8%, higher than in the pre-oil extraction period beginning in the 1960s, when the growth rate was on average about 1% lower.
  • Does oil affect export diversification in Sudan?
  • Nour ( 2011 ), in her qualitative study, claims that while oil accelerated growth in Sudan, it also induced a lack of export diversification. The lack of diversification in combination with fiscal dependence on oil resulted also in substantial macroeconomic and fiscal volatility (Nour 2012; Suliman 2016 ).

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