Leading independent energy company Trinity Energy has announced that it will construct a $500 million oil refinery in South Sudan.
Located in Paloch, Upper Nile state, the 40,000-barrel per day refinery will supply the East African region with refined petroleum by-products.
U.S. firm Chemex will lead the construction of the refinery over the next three years, and will also construct petroleum storage facilities at Nesitu.
“We are already making steady progress towards our refinery project. We have already identified and secured land for the refinery in Paloch,” said Robert Mdeza, CEO of Trinity Energy.
The feasibility study and designs for the refinery have already been completed in cooperation with the African Export-Import Bank, with regional banks in Juba also expected to finance the downstream development.
Trinity Energy also has announced plans to distribute refined petroleum products to neighboring countries of Kenya, Uganda, Tanzania and the Democratic Republic of Congo.