Petronas signs oil-exploration, output pact with South Sudan

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JUBA (Sept 10): South Sudan’s government signed agreements for the exploration, production and sale of oil from three blocks with companies including Petroliam Nasional Bhd (Petronas) and China National Petroleum Corp.

The accords, covering blocks 1, 2 and 4 in an area once known as Unity state, were signed at the Petroleum Ministry in the capital, Juba, on Monday. The other signatories were Oil & Natural Gas Corp of India and and the state-owned National Oil & Gas Corp of South Sudan.