South Sudan faces London court case over oil-backed loan

Oil facilities in Paloch Town in Upper Nile State, South Sudan.

Photo credit: File | AFP

Trading house BB Energy has filed a case against South Sudan in London for failing to deliver oil owed under a pre-payment deal, according to court filings and a company spokesperson.

One of the poorest countries in the world, South Sudan has endured two civil wars in the past 15 years and is grappling with increased debt and a shaky peace deal. In March, the government placed its petroleum minister, as well as other officials, under house arrest.