South Sudan: Bad News for Beijing As Machar Attacks Oil Fields
The current conflict in South Sudan has now lasted nearly half a year, killing thousands and displacing hundreds of thousands of South Sudanese. Oil, South Sudan’s only major source of revenue, has neither been the reason for nor the focus of the conflict up to this point. But this is rapidly changing as the flow and whereabouts of the oil revenue, as well as the security of the oil fields themselves, moves to the very centre of the conflict. Although production is only at half-capacity, oil revenue continues to fill Juba’s coffers with roughly $15 million a day. The income from the oil sector is the main financial support for the government of Salva Kiir in Juba and its armed fight against former vice president Riek Macher and rebel groups. Riek Machar has, in recent weeks, been struggling to maintain his fight against the government, in part due to […]