South Sudan’s government will commission an audit of national oil production and other petroleum industry activities, the Ministry of Petroleum reported. The ministry has invited companies to bid on a public tender to perform the audit and produce a 2017 industry audit report.
The country said the audit is being conducted to complete an accurate assessment of oil, condensate, and natural gas reserves and production; report on revenue and investment flows; and make recommendations on the technical, fiscal, and regulatory issues faced by the petroleum industry.
Companies are invited to bid on the open tender until July 14.