A Chinese firm on Friday signed a deal with South Sudan’s state-owned Nile Petroleum Corporation (Nilepet) to construct modern oil refinery and storage facilities in South Sudan, according to Xinhua.
Wu Song, President of Shengli Oilfield Keer Engineering and Construction Company (SOKEC), and Managing Director of Nilepet Muhammad Lino Benjamin signed a Memorandum of Understanding which will see the Chinese company begin investing in South Sudan.
Benjamin hailed SOKEC for its contribution to the development of South Sudan.
“With this Memorandum of Understanding, we hope you will be able to translate it into agreements and projects that we will do together,” he said at the signing ceremony in Juba.
Wu said SOKEC will embark on investment without hesitation, aiming to enhance production capabilities and operational efficiency.
“We will start our preparation work as soon as possible on the refinery and storage facilities,” he said.
The high-level delegation from the Chinese firm began a two-day visit on Monday to the oil fields in Tharjiath, Unity State, to inspect the facilities and assess the current state of the refinery operations.