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Juba, Khartoum to continue oil exportation according to existing fees

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September 20, 2017 (KHARTOUM) - Khartoum and Juba on Wednesday have agreed to continue exportation of South Sudan crude oil through Sudan’s export pipeline according to the prices agreed.

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Sudan-South Sudan oil pipeline (Reuters file photo)

Following his meeting with South Sudan’s oil minister Ezekiel Lul Gatkuoth in Khartoum Wednesday, Sudan’s oil minister Abdel-Rahman Osman said the two countries are cooperating fully on the oil issue to serve their mutual interests.

He expressed his country’s readiness to “provide technical support to assist South Sudan to operate Thar Jath oil field in Unity state”, saying they would provide technical and laboratory equipments as well as training opportunities.

Osman pointed out that the increase in oil production would be reflected positively on the exports of the crude for the benefit of the two countries, saying exports will continue according to the price agreed.

Juba pays $24 per barrel to export its crude through Sudan’s pipeline including $9 transit fees and $15 transitional financial arrangement according to the agreement signed between the two countries in September 2012.

For his part, Gatkuoth stressed the need to increase production from the operating fields and restarting the non-operating, praising Sudan’s role in facilitating oil exportation through its ports.

South Sudan’s oil production has dropped to 130,000 bpd from 245,000 bpd after the outbreak of the civil conflict which hindered production in the oil-rich areas of the north.

(ST)

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  • 20 September 23:07, by lino

    OMG, by doing simple math:
    If they sale to China $45 per barrel, then here it is:
    $45x130,000= $5,800,000.00 a day.
    Sudan gets:$3,200,000.00 a day.
    Remain= $2,730,000.00 to give oil money their shares to pay workers, and what ever left is for South Sudan which means Khartoum still owns the OIL.
    When this aggreement ends???!

    repondre message

    • 21 September 02:03, by lino

      Correction of my math:
      $45x130000=$5850000.00.

      repondre message

      • 21 September 02:06, by lino

        Sudan gets: $3120000.00

        repondre message

        • 21 September 20:40, by Naath

          Hello Lino,

          In addition to your calculation Sudan gets $3,120,000
          Uganda gets 500, 000 a month to pay her military in South Sudan.
          Ethiopian and Kenya get 500,000 a month to defend Kiir presidency. South Africa gets 50, 000 a month to keep Dr. Machar confine

          Western Nations Labyists pay $500, 000 a month to conceal or deny genocide in South Sudan and keep kiir in power.

          repondre message

    • 21 September 15:16, by Midit Mitot

      Lino,
      exploitation is too huge, Khartoum will finish this oil if South Sudan government is still under Kiir/Taban leadership.On this explanation,nothing has changed at all, just a planning for how will they get their daily bread.

      repondre message

  • 21 September 07:58, by Kush Natives

    What’s the use of keeping that crude oil follow, if South Sudan gets $8,882,000/m while Sudan is getting $5,880,000?

    repondre message

    • 21 September 08:06, by Kush Natives

      In case 1 barrel of crude oil cost $60, that mean 245,000/bpd×$60= $14,7000,000- $5,880,000=$8,820,000 to South Sudan government pathetic!

      repondre message

  • 21 September 10:04, by Sir King

    A COUNTRY LED BY A STUPID LEADER:
    How comes, Sudan is still taking larger share from Our oil. Don’t you think that it is better to surface on oil refineries if case South Sudan had setup some or one? Why giving our own resource away? Kiir Mayardit, why God created you in South Sudan especially Dinka community!

    Sorry indeed!

    repondre message

  • 21 September 19:30, by garrak1520

    This shows the leaders don’t care about the people, the country, the future. At today oil price, you are agreeing to pay $24 fees per barrel. After paying such fees, there is nothing aside to improve the status of the workers, the equipment, paying the debts, the environment. Why getting the wealth out of the ground when you can’t satisfy the min for the people. Stop greed and think nation first

    repondre message

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