South Sudan invites companies to participate in the 2017 Open Tender Petroleum Sector Audit

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The Government of South Sudan has announced the invitation for Petroleum companies to participate in the Open Tender Audit before July 14, 2017.  This announcement was submitted to IPO by Mr. Steven Puoch Riek Deng from the Executive Director Office of the Minister in the Ministry of Petroleum. He made it known that winners will be announced following the collaboration and assessment of entries on the 17th of July.

“Tender opens immediately and closes on July 14, with winners to be announced on July 17, 2017.”

Mr. Steven Puoch, on behalf of the Ministry, stated in the release that one of the aim of the Audit is to have a number of Petroleum industry actors give recommendations to the government in a way to help improve the sector. By so doing, South Sudan can be better place on issues of transparency and efficiency.

“Objectives of the audit include completing an accurate assessment of oil, condensate and gas reserves and production; reporting on revenue and investment flows; and making recommendations on the technical, fiscal and regulatory issues faced by petroleum industry actors.

“The move to enhance efficiency and promote transparency in the hydrocarbons sector is viewed by the Ministry of Petroleum as the foundation for South Sudan’s future prosperity. The successful completion of the petroleum audit will be an important step towards EITI candidacy and membership.”

Companies are hereby invited to bid on the open tender up to July 14, 2017, and can receive the relevant bidding guidelines and documents by writing to the Ministry