South Sudan President Will Deliver Keynote Address at Africa Oil & Power 2017

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kiir4*PRESS RELEASE*
*The conference will also host a special Market Spotlight session on South
Sudan which will feature Minister of Petroleum Ezekiel Lol Gatkuoth
alongside key industry leadership to discuss developments in the industry*

JUBA, South Sudan, December 5, 2016/ —

– *H.E. General Salva Kiir Mayardit, President of the Republic of South
Sudan, will present opening speech on June 5, 2017 in Cape Town*
– *AOP 2017 will also host Market Spotlight on South Sudan, featuring
Minister of Petroleum Ezekiel Lol Gatkuoth and key industry leaders*
– *South Sudan has adopted a strongly pro-business attitude to expand
petroleum sector and increase exploration activity*

The Government of the Republic of South Sudan and Africa Oil & Power (
www.AfricaOilAndPower.com <http://www.africaoilandpower.com/>) have agreed
to work in partnership on a slew of initiatives to promote foreign direct
investment in the East African country. H.E. General Salva Kiir Mayardit,
President of the Republic of South Sudan, will present a keynote address at
Africa Oil & Power, to be held June 5-7, 2017 in Cape Town. The conference
will also host a special Market Spotlight session on South Sudan which will
feature Minister of Petroleum Ezekiel Lol Gatkuoth alongside key industry
leadership to discuss developments in the industry.

The Government of South Sudan has adopted a strongly pro-business attitude
with the hope that expansions in the petroleum sector and heightened
exploration activity will stimulate its economy. Once one of sub-Saharan
Africa’s mightiest hydrocarbon economies, South Sudan has seen oil
production decline since the country has grappled with civil conflicts with
a rebel faction. South Sudan currently produces 130,000 barrels per day but
is capable of daily output of 500,000 barrels. The Ministry of Petroleum
has been undergoing some important negotiations with oil companies to enter
the market and has previously considered launching its first licensing
round.

The Market Spotlight session on South Sudan will gather the industry’s key
participants to discuss developments in the sector, including exploration
activity, production outlooks, energy security, corporate finance,
downstream and export infrastructure. Africa Oil & Power will produce a
range of resources for the South Sudanese government to promote its
activities.

“We are truly honored that the Government of South Sudan has agreed to
participate in Africa Oil & Power,” said Guillaume Doane, CEO of Africa Oil
& Power. “South Sudan has a proud legacy in the petroleum sector and has
shown a huge willingness to attract companies to the country and develop
its abundance of hydrocarbons. The country recognizes that unlocking those
natural resources is vital to fostering economic growth, restoring peace
and stability and we hope to be useful in those efforts.”

“South Sudan is truly honored to participate in Africa’s premier energy
industry event,” said Ezekiel Lol Gatkuoth, Minister of Petroleum for South
Sudan. “Our country strives to restore its rightful place in Africa’s
hydrocarbons sector and we see this an opportunity for our head of state
H.E. General Salva Kiir Mayardit to outline our vision for the industry and
attract investors to South Sudan.”

The participation of the South Sudan government follows the commitment of
several high-level government to Africa Oil & Power 2017, including: H.E.
Patrice Trovoada, Prime Minister of São Tomé and Principe; and H.E.
Francisco Pascual Obama Asue, Prime Minister of Equatorial Guinea; H.E.
Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial
Guinea; and Hon. Tina Joemat-Pettersson, Minister of Energy for South
Africa.

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