ONGC of India - Videsh Ltd. (OVL) made an investment of about US$ 2.5 billion (spread over Sudan and South Sudan) in the hydrocarbon sector since 2003. It has 25% Participating Interest (PI) in Greater Pioneer Operating Company Ltd. (GPOC) [Block 1, 2 and 4] in consortium with CNPC of China, Petronas of Malaysia and Sudapet of Sudan. ONGC also has 24.125% PI in Block 5A in the consortium of Sudd Petroleum Operating Company (SPOC) with PETRONAS and Sudapet. Production of crude oil was disrupted since 2013 due to outbreak of civil war in the country. Upon signing of Revitalized Peace Agreement between the Government and opposition rebels in September 2018, the oil production has been revived at a minimal level. It is presumed the pre-war level of 3,20,000 pbd production could be achieved by early 2020.
India's trade with South Sudan is very sparse. The main items of Indian imports from South Sudan are oil and timber and India's exports mainly comprise of consumer and household goods, food items, pharmaceuticals, two and three wheelers. As Indian trade is mainly through third countries (Uganda, Kenya, UAE), precise data is not available. South Sudan's estimated global imports in 2016 (up to which data is available) were US$ 348 Million and exports approximately US$ 1.3 billion, with China, Uganda and Kenya being the major trading partners. Indian trade with South Sudan from 2016 to 2018 as below:
2016-17: Import = 0.18 million; Export = 3.24 million
2017-18: Import = 7.56 million; Export = 3.54 million
2018-19: Import = 89.97 million; Export = 10.53 million
Some Indian companies are operating in the area of construction, borehole drilling, printing, trading and services to the oil industry. Indians also run small hotels and supermarkets in Juba. They are mostly concentrated in Juba, the capital city .
(As on 24 September 2019)