ONGC of India - Videsh Ltd. (OVL) has made an investment of around US$ 2.5 billion (spread over South Sudan and Sudan) in the hydrocarbon sector since 2003. It has 25% Participating Interest (PI) in Greater Nile Oil Project (GNOP) [Block 1, 2 and 4] in consortium with CNPC of China, Petronas of Malaysia and Sudapet of Sudan. It has 24.125% PI in Block 5A in consortium with Petronas and Sudapet.
India's trade with South Sudan is small. 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 & three wheeler motorcycles. As Indian trade is mainly through third countries (Kenya, UAE), precise data is not available. South Sudan's estimated global imports in 2013 were US$ 1.8 billion and exports approximately US$ 3.0 billion, with Uganda and Kenya being the major trading partners. South Sudan earned US$ 3.376 billion through oil exports in 2014. The Barefoot college(The Social Work and Research Centre) at Tilonia, Rajasthan and Evangelical Prebysterian Church (on behalf of Government of South Sudan) singed an MOU on August 18, for establishing a Regional Barefoot Training and Vocational Centre (RBTVC) in Yei province of Equatoria State, South Sudan to promote solar electrification in the villages in Yei. MEA also signed an agreement with Barefoot College for providing funds up to US $ 500,000.00 (Rs.2.48 Crores) for establishing RBTVC in South Sudan.
Some Indian companies are operating in the area of construction, borehole drilling, printing, trading, and services to the oil industry. Indians also operate small hotels and a supermarket in Juba. A large Indian business delegation under the auspices of India-Africa Chamber of Commerce and Industry, Mumbai visited Juba in April 2013 on an exploratory mission and had fruitful interaction with the South Sudanese businessmen for joint ventures and collaborations.
February 23, 2016