South Sudan’s Ministry of Petroleum officially launched the opening bid round for its environmental audit tender at a press conference in Juba on Tuesday. Hosted by the Ministry of Petroleum and attended by ministers, oil company representatives and delegates, the launch included a presentation on the value of the environmental audit for the country’s revitalized oil sector and the associated measures being put in place by the Ministry to advance the sector.

The Ministry stated that the audit would ensure an accurate assessment of oil, condensate gas reserves and production; the reporting on revenue and investment flows; and the establishment of recommendations on the technical, fiscal and regulatory issues faced by petroleum sector stakeholders.

“When the report does come out, whichever company we select must ensure that the report is based on facts,” stated H.E. Puot Kang Chol, Minister of Petroleum, South Sudan at the press conference. “We will make the report public and provide details as to why we selected the specific company in order to be transparent.”

Click on the link below for full report

Source: Africaoilandpower