Home | News    Saturday 14 January 2012

S. Sudan: Foreign oil companies sign transitional agreement

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By Julius N. Uma

January 13, 2011 (JUBA) - South Sudan’s petroleum and mining ministry and foreign oil companies on Friday completed the historic signing of a transitional agreement, just days after they accused north Sudan of illegally possessing their crude oil entitlements.

South Sudan Oil Minster Stephen Dhieu Dau (AFP)

The agreement was signed by Stephen Dhieu Dau, South Sudan’s Petroleum minister and Jiang Jiemin, the Chairman of China National Petroleum Corporation (CNPC) group.

Five foreign oil companies, which included Petroliam Nasional Berhad
(PETRONAS), Oil and Natural Gas Corporation Limited (ONGC), China
Petroleum and Chemical Corporation (SINOPEC), Tri-Ocean energy and
Nile Petroleum (NILEPET) a locally owned company, also finalised
agreements with South Sudan’s petroleum ministry.

However, to strengthen bi-lateral ties and cooperation between China
and the newly independent South Sudan, both nations further signed a
number of documents.

The linked agreements include:
- An agreement on training between CNPC and the South Sudan national
ministry of petroleum and mining;
- A Memorandum of Understanding (MoU) between the government of the
Republic of South Sudan and that of the Peoples’ Republic of China
concerning sending a Chinese medical team to work in South Sudan;
- MoU for economic and financial cooperation between the government of
the Republic of South Sudan represented by the Ministry of Finance and
Economic Planning and the Export-Import Bank of China;
- An agreement witnessing the handover certificate of the borehole
drilling project aided by the Chinese government to South Sudan;
- An agreement on the exchange of letters on the donation of a grant
to South Sudan to be provided by the Chinese government.

The signing of these agreements was the climax of the much-anticipated visit to
Juba by a high level Chinese delegation led by Li Yuanchao, a senior member of the Communist Party of China (CPC) political bureau.

Li is the first senior Chinese official to visit South Sudan since the latter gained independence from the Republic of Sudan on 9 July last year, with China being among one of the first countries that recognised it.

On arrival, however, the team, which comprised of top CPC members,
government officials and businessmen first held talks with South Sudan’s President Salva Kiir before engaging in bilateral discussions with senior Sudan People’s Liberation Movement (SPLM) members, headed by its Secretary General, Pagan Amum.

Details of what transpired between the Chinese delegation and the
South Sudan leader were not made readily available to the media.

Addressing the media shortly after the occasion, Antipas Nyok, SPLM
Secretary for Political Affairs lauded the Chinese government for its
continued support towards South Sudan, adding that the southern
government will fully cooperate with its Chinese counterpart.

Ai Ping, a member of the CPC central committee, emphasized the importance of stronger ties between the two countries and pledged the Chinese government’s commitment to help the newly independent South Sudan in its post-war recovery efforts.

(ST).

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  • 14 January 2012 07:03, by Marolditapei

    Good move and congratulations but please make sure is re-distributed to all Southerners equally. I understand that your government has reached a goal of settlement which is $ 500 USD to be issued to all citizens especially those who did not get anything since the declaration of independent. I don’t see any reason why only ten governors and 27 federal ministers can pocket all the money. No gdi-ness

    repondre message

    • 14 January 2012 20:04, by Stephen kuach

      Bad move Khartoum should compensate first what they have stolen before signing anything,otherwise Khartoum will never stop stealing our resources in the future to come mark my word.

      repondre message

  • 14 January 2012 07:11, by Marolditapei

    BREAKING NEWS!
    Those who looted the grain store in Juba were led by mr. Dinka-Dominated SPLA/M. Authorities have reported that Dinka Dominated SPLA/M is now hiding near Morobo with an old filthy truck full of grain-mainly sorghum and some sugar. It is expected that he will be caught before exchanging them for alcohol and TAP AGOK to Ugandans. What a thief!

    repondre message

    • 14 January 2012 07:40, by Land-of-Cush

      Good on you mr. Marolditapei this boy is from Salva’s Community.

      repondre message

      • 14 January 2012 08:00, by omoni jr.

        Land of cush,
        There is NO difference between Dinka dominated SPLM and marolditapei, both of them are retarded.
        To me, marolditapei is also called Dinka dominated SPLA/M

        repondre message

        • 14 January 2012 12:34, by Dinka Dominated SPLA/M

          All of you fool will never rest forever, say whatsoever you want but you all are under my shadow.
          Awan Chan intelligence.

          repondre message

  • 3 May 2013 14:56, by dennishobson

    NlkokZYRGFiIhAKeIsoQuiPLhpJAhJssanyong actyon madeira plastica plastic lumber The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I actually thought youd have something

    repondre message

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