News
17 November 2025

South Sudan seeks $2.5bn in oil-backed loans from China, India

In:
Oil & gas
Region:
Middle East & Africa

South Sudan has formally requested $2.5 billion in new oil-backed loans from China National Petroleum Corporation (CNPC) and India’s ONGC Videsh as the borrower seeks to bolster official spending through pre-export financing structures. The oil ministry is reportedly pursuing a $1.5...

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