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Sudan and S. Sudan extend oil agreement for three more years

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December 21, 2016 (JUBA) – Sudan and South Sudan oil ministers have agreed to extend the 2012 Cooperation Agreement on payments from oil revenues for three years.

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A pipeline that transports crude oil from the south to Port Sudan (Reuters)

The South Sudanese Petroleum and Mining Minister, Ezekiel Lol Gatkuoth said Wednesday that the new deal gives the two neighbouring Nations “breathing space.”

“We have reached an agreement to extend the cooperation agreement in the petroleum industry for three years," Gatkouth told reporters on arrival from the Sudanese capital.

Under the terms of the Cooperation Agreement signed between Juba and Khartoum in 2012, South Sudan pays Sudan an overall $24 as transit fees charge per barrel of crude as well as transitional financial agreement amounting to $3 billion for a period of three years. The fall in the global oil prices, however, means South Sudan, which relies on oil for more than 98% for the national budget, struggled to pay government employees.

It, however, remains unclear of the price per barrel of crude oil would also be reduced.

“The two countries restricted the agreement to create breathing space. The agreement is an agreement we cannot change anything about it. It is restructuring so that we can pay less that what we used to pay,” stressed Gatkouth.

Both Khartoum and Juba, the South Sudanese Petroleum minister further disclosed, will also cooperate on providing security in the oil-producing areas along the 200km border.

“Business will start now, the talking will stop and we will now translate these things to implementation,” he added.

(ST)

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  • 22 December 2016 19:47, by Son of Nuer

    Mr. money lover Hon.Lol Gatkuoth get your share before the February 2017 to go to exile or huge yourself before Almighty freedom fighters clear the town in January no three deal this time around , oil will be shut down as soon as possible by Lt.Gen Johnson Olony in upper Nile

    repondre message

    • 22 December 2016 20:07, by barbayo

      you leave the fire on hands of Equatorians criminals gang now they got too hot and still hot should forget them wherever the are .

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    • 22 December 2016 20:14, by barbayo

      see your friend Agel Machar he came back by his own loan ticket with other group and they request government to pay their tickets. this time no forgiveness for gang criminals still in bushes.

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    • 22 December 2016 20:27, by barbayo

      Agel Machar welcome back by your incurred of hotel payment good enough all Kenya hotels managers refused for any criminals rebels from South Sudan should not stay in hotels by loan. the deputy minister of Labour ,Public Service and Human Resource Development she now in the house of Peter Adwuk Nyaba, yesterday she went to hospital get medicine of HIV/AID annual use.

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    • 22 December 2016 21:28, by jubaone

      Barbayo,
      How low must the jienge bow to his jellaba master? Millions killed with weapons bought with oil money, paid with blood for SS freedom and independence. Now you must even compensate the oppressor with $3b which you desperately need for development, what a human waste. Juba trying to appease Khartoum: Machar and SPLM-N?

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      • 22 December 2016 21:56, by barbayo

        Jubaone
        you are rebel ,you done have right to our resources of South Sudan weather we give them free is our right , gang on roads

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        • 22 December 2016 22:55, by jubaone

          Barbayo,
          If denoucing such a "sellout" means being a rebel, then I am proud of that. You are paying the jellaba $3b for separating? He killed, maimed, raped and humiliated you and you still beggingly go back to him? You are so cheap like a dog that returns voluntarily to his master. That is the typical jienge mindset, the obedient and submissive slave. Nothing less.

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          • 23 December 2016 06:43, by Gatluak jal

            Jubaone, you are Arab that like to see South Sudan failed and than go back to Sudan but we Southern Sudanese will not back to Sudan. We will fight for our-self and we will solve our problem.

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            • 23 December 2016 09:19, by jubaone

              Gatluak Jal,
              As a Nuer, I excuse you for your limited literacy competencies. Read my article twice and you will find out that I am not one of your jellaba masters that is bent on "sucking" the SS.

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  • 22 December 2016 20:03, by barbayo

    Son of Nuer
    you back to Johson Olony ,nothing called freedom fighter all are criminals your Boss is now South Africa

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    • 22 December 2016 21:02, by Son of Nuer

      Mr.Barbayo , for your information if you have relative in Juba city let the going to nearest UN camp before it was not too late for them to escape , Juba will be on fire as soon as possible and you will appreciate me aftermath your government of killer Kiir will end soon believe

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      • 22 December 2016 21:51, by barbayo

        Son of Nuer
        stay well in camp ,who will come to Juba? , Raik machar on run in Juba July 2016, so we wait that one you may see and hear it , for your information we will and bring you very soon in Juba like James Dak am sure

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  • 23 December 2016 07:57, by Gatnyai

    Equatorians do not need all other tribes from their land, to see the real chicken mind..they are the people that against the progress, Nuer and Dinka Had been in fighting before the coming of the Arabs but still the live toghether but (Door, Nyamnyam) lack foresight I swear.....

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    • 23 December 2016 09:00, by Mayom County Troops

      Three more years agreement about oil, why don,t we connect our oil with Ethiopia if it is really a good agreement that can benefiting us ,we South Sudanese ?
      I don,t believe this agreement will success with Sudan Govt

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      • 23 December 2016 10:45, by Redeemer

        Son of Nuer
        You Nuer deceived Equatorians and you left the war upon them, now people are on the run businesses are brought to an end Equatorians are not used to UN camp life like you who are happy as long as there is free sorghum

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        • 23 December 2016 10:50, by Redeemer

          Mayom County
          You cannot stop the running business before you complete the 2nd option, that is Nuer and Dinka capacity

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        • 23 December 2016 14:09, by barbayo

          Redeemer
          No one who deceive them Equatorians its South Sudan pushed them during 22 years they absent joining their brothers from South Sudan, majority turn themselves as Ugandans some they are sell south Sudanese out in Khartoum to Arab

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  • 23 December 2016 23:10, by Fair Man

    Let’s stop blaming one another. The man problem making some of fight against the elected Government is simply ignorance, combined with madness assorted with primitive society. When invited to the high table today, you will become the most abusive fellow. Opportunists will never make it. They are returning individually as they went individually for selfish. Nuer and Dinka alike.

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