South Sudan Won't Let OPEC+ Stand In Way Of Increasing Oil Output

South Sudan Won't Let OPEC+ Stand In Way Of Increasing Oil Output

OilPrice.com

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South Sudan has threatened to quit the OPEC group if it interferes with its ability to meet its ambitious oil production plans, first vice-president Riek Machar said on Tuesday. Speaking at an industry conference on September 13, Machar said that South Sudan's petroleum minister has had difficulties with OPEC+ over its crude oil targets. South Sudan has ambitious plans to increase crude oil production to 230,000 bpd by 2024. South Sudan's August production cap, agreed to by OPEC+, was significantly below that, at 130,000 bpd. Its actual production…

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