South Sudan is a new country that separated from Sudan and became an independent state in July 2011, taking with it much of its northern neighbor’s oil reserves. Today, companies such as China National Petroleum Corporation, India’s ONGC Videsh and Malaysia’s Petronas are running the country’s oilfields – which were pumping some 300,000 barrels of oil per day until a shutdown in January 2012 due to a row with Sudan over oil fees (South Sudan relies on Sudan for oil exports). Production at various oilfields within the country is currently restarting.
South Sudan was also at war with its neighbor until a peace agreement was signed in 2005. So along with the arrival of oil men, the country has seen an influx of United Nations and NGO workers, which has also helped to drive up prices in its capital city, Juba, especially for the kind of accommodation sought by people from more developed countries.
This means that Juba is now rated as the fourth most-expensive city in the world for expats, according to ECA. ECA notes that the cost of exporting and transporting items commonly purchased by international assignees in locations like Juba is likely to be high, but a typical apartment in the city will cost an expat several thousand dollars per month.