Oil and Gas Market

South Sudan Oil and Gas Market by Sectors (Upstream, Midstream, and Downstream) and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: EP-1813
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 185
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The South Sudan oil and gas market size is anticipated to expand at a CAGR of 4.6% during the forecast period, 2021 – 2028. The growth of the market is attributed to increasing demand for refined products in the country.

South Sudan Oil and Gas Market key takeaways

In 2005, Sudan established the National Petroleum Commission to improve the development of the country’s oil resources. The commission allocates new oil contracts and ensures equal sharing of oil revenues between the national government in Khartoum and the Government of South Sudan (GOSS). It resolves duplicate oil contract issues and counter problems related to the overlap contracts, previously granted by the Government in Khartoum.

The utilization of the latest technology can help in the recovery of the oil & gas from the existing oil well fields. According to data published in 2019, South Sudan ranks third on the list of the highest oil reserves in Sub-Saharan Africa. It has around 3.5 Million billion barrels, and most of the reserves are yet to be explored.

Market Trends, Drivers, Restraints, and Opportunities:

  • Increasing oil capacity is expected to boost the South Sudan oil and gas market growth.
  • Rising investment in the oil & gas industry is expected to propel the growth of the market.
  • The COVID-19 pandemic hampered the growth of the market due to trade disruption across the globe. However, relaxation in international trade is anticipated to help the market recover soon.
  • Rapid growth in the renewable energy is expected to create challenges for the market growth in the coming years.
  • Rising production through the use of enhanced oil recovery (EOR) to increase the production can create lucrative opportunities during the forecast period.
  • High volatility in oil prices can restraint the market growth.
  • Ongoing development and technological advancements in technology are anticipated to create lucrative opportunities for the South Sudan oil and gas market.

Scope of the Report

The report on the South Sudan oil and gas market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

South Sudan oil and gas market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Sectors (Upstream, Midstream, and Downstream)

Geographical Zone

South Sudan

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Nile Petroleum Corporation, Akon Refinery Company Ltd., China National Petroleum Corporation, Petroliam Nasional Berhad (Petronas).

 

South Sudan oil and gas Market Segment Insights

Downstream segments to account a major market share

Based on sectors, the market is divided into upstream, midstream, and downstream. The downstream segment is anticipated to account for a major market share during the forecast period. The downstream oil industry in South Sudan provides a huge support to the country’s economy, as most of the country’s export earnings are spent on imported petroleum products. The South Sudan oil industry is regulated and monitored by the Ministry of Petroleum through the Petroleum Exploration and Production Authority. In 2018, South Sudan didn’t have any domestic refining capacity. It relied on imported petroleum products to meet the domestic demand. To reduce the reliance on imports, the Government of South Sudan accelerated the development of two refineries in Bentiu with the capacity of 5 thousand b/d and Tangrial with capacity of 10 thousand b/d).

South Sudan Oil and Gas Market by sectors

The poor security environment can hinder the development of downstream infrastructure. In 2018, South Sudan increased its oil production by 17.5%, from 6.4 million tonnes from 5.5 million tonnes in 2017. Therefore, increased production is expected to propel the growth of the market segment. Government state bodies in the country are inviting international and local investors to participate in a refinery project developed on a PPP basis. Akon and Gameza are the two refining capacity with 50 thousand and 100 thousand barrels per day respectively. The downstream sector is expected to increase significantly during the forecast period to the increasing investments in the industry. After the separation from the North part of the country, the government has been striving to build refining plants in the country. This is expected to bring our lucrative opportunities for new entrants in the market.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil and Gas Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Oil and Gas Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Oil and Gas Market - Supply Chain
  4.5. Global Oil and Gas Market Forecast
     4.5.1. Oil and Gas Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Oil and Gas Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Oil and Gas Market Absolute $ Opportunity
5. Global Oil and Gas Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Oil and Gas Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Oil and Gas Demand Share Forecast, 2019-2026
6. North America Oil and Gas Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Oil and Gas Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Oil and Gas Demand Share Forecast, 2019-2026
7. Latin America Oil and Gas Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Oil and Gas Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Oil and Gas Demand Share Forecast, 2019-2026
8. Europe Oil and Gas Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Oil and Gas Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Oil and Gas Demand Share Forecast, 2019-2026
9. Asia Pacific Oil and Gas Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Oil and Gas Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Oil and Gas Demand Share Forecast, 2019-2026
10. Middle East & Africa Oil and Gas Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Oil and Gas Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Oil and Gas Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Oil and Gas Market: Market Share Analysis
  11.2. Oil and Gas Distributors and Customers
  11.3. Oil and Gas Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Nile Petroleum Corporation
     11.4.2. Akon Refinery Company Ltd.
     11.4.3. China National Petroleum Corporation
     11.4.4. Petroliam Nasional Berhad (Petronas)

Segments Covered in the Report
The South Sudan oil and gas market has been segmented on the basis of 

Sectors

  • Upstream
  • Midstream
  • Downstream

Country

  • South Sudan

Key Players

  • Nile Petroleum Corporation
  • Akon Refinery Company Ltd.
  • China National Petroleum Corporation
  • Petroliam Nasional Berhad (Petronas)

Key players operating in the South Sudan oil and gas market includes Nile Petroleum Corporation, Akon Refinery Company Ltd., China National Petroleum Corporation, Petroliam Nasional Berhad (Petronas).

Companies are focusing on partnerships, mergers, and acquisitions to expand their market share. Moreover, they’re focusing on innovation to leverage their market position.

South Sudan Oil and Gas Market by key players

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