Editor, E., & Charlesmulungi. (2019, October 30). South Sudan and Egypt sign Landmark Oil Cooperation Agreement. Retrieved from https://www.busiweek.com/south-sudan-and-eg
ypt-sign-landmark-oil-cooperation-agreement/
Date: 30 October 2019
Egypt and South Sudan signed a Memorandum of Understanding, which discusses cooperation in the field of downstream oil and gas. Daniel Awow Chuang, South Sudan’s Minister of Petroleum, considers increasing population numbers in his vision for oil and gas in the country. Currently, South Sudan produces 178000 barrels per day, with a goal of 250000 in the future. South Sudan will launch its first-ever licensing round in early 2020. Many exploration and production companies have demonstrated interest in the potential of South Sudan’s oil and gas production.
As we already know, fossil fuels are our main source of energy. It is another commonly known fact that fossil fuels are a nonrenewable resource. With this in mind, I think we should focus less on producing more gas and oil. We should instead shift our focus on finding more renewable energy sources. If other countries like South Sudan begin producing oil, we will run out, and time to find better energy sources will be tight.
I agree that people should focus more on finding more renewable energy sources. I feel that what South Sudan is doing is really setting the world back a few steps, with as much progress as other countries are having with using renewable energy sources, this kind of nulls it.
I agree! The focus should be shifted to renewable energy, but it is instead fixed on oil.