Chinese firm Shengli Oilfield Keer Engineering and Construction Company (Sokec) on Friday signed an agreement with South Sudan’s state-owned Nile Petroleum Corporation (Nilepet) to construct modern oil refinery and storage facilities in South Sudan.
President of Sokec Wu Song and Managing Director of Nilepet Muhammad Lino Benjamin signed a Memorandum of Understanding (MoU) which will see the Chinese firm immediately begin investing in South Sudan.
Benjamin hailed Sokec for its contribution to the development of the youngest nation in Africa.
“With this MoU, we hope you will be able to translate it into agreements and projects that we will do together,” he said at the signing ceremony in Juba, the capital of South Sudan.
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Wu said Sokec will embark on investment without hesitation, aiming to enhance production capabilities and operational efficiency.
Source: The East African
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