(MENAFN) Looking to attract global investments, South Sudan is set next month to launch the third international energy conference.
South Sudan will use the conference to prove its dedication to boost oil development, as emphasized Petroleum Minister Awow Daniel Chuang.
Petroleum Minister Chuang confirmed last month that the country achieved an oil discovery at the Adar oilfield in Block B3, presenting more than 300 million barrels of recoverable oil.
Chuang stated "we are looking at over 300 million reserves with the hope of more discoveries because there are two more wells that are under review."
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