South Sudan courts oil investors amid forced revenue sharing with Sudan's warring factions

South Sudan is seeking investment to raise output from 170,000 to 230,000 bpd across 14 exploration blocks, but investors face expropriation risk as the government, under duress, divvies up oil revenues with Sudan's army and RSF before exports reach the Red Sea. The arrangement underscores the fragility of South Sudan's oil sector, which is captive to Sudan's civil war. The government-backed conference signals urgency but offers no protection against the ongoing revenue extraction.

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