22/04/2026
22nd April, 2026
JUBA, South Sudan.
PRESIDENT KIIR BRIEFED ON MALAYSIAN TRIP AND POTENTIAL OIL INVESTMENT.
His Excellency President Salva Kiir Mayardit was briefed today on the outcomes of a high-level mission to Malaysia by Nilepet management and Ministry of Petroleum that focused on revitalizing South Sudan’s energy sector and securing new investment for the nation’s petroleum assets.
The briefing centered on recent negotiations with leading Malaysian energy firms regarding the acquisition of shares in oil blocks formerly held by Petronas.
These discussions are part of a broader strategic initiatives to enhance technical capacity, optimize operational efficiency, and stabilize oil production through partnerships with credible international investors.
During the briefing, the President was informed of the successful signing of an “Offer and Acceptance Agreement” in Kuala Lumpur.
The Ministry of Petroleum and the National Oil & Gas Corporation (NILEPET) are authorized to commence comprehensive legal, technical, and financial due diligence to ensure the viability of the proposed investments through a High-Level Technical Committee to supervise the negotiation process and maintain strict alignment with South Sudan’s national development priorities on local participation, job creation for South Sudanese nationals, and the transfer of technical expertise.
While the government remains optimistic about the potential for increased production, officials noted that the process is currently in the negotiation stage.
President Kiir reaffirmed the administration's commitment to transparency, stating that all future investments must be conducted with the highest levels of accountability to ensure clear economic benefits for the people of South Sudan.
📸 source: Office Of the President official page.