Home | News    Wednesday 3 February 2016

Sudan oil minister heads to Juba for talks over oil transit fees

separation
increase
decrease
separation
separation

February 2, 2016 (KHARTOUM) - The Sudanese oil minister Wednesday will hold talks with his South Sudanese counterpart on the review of oil transit fees

JPEG - 53.6 kb
A worker at the power plant of an oil processing facility in South Sudan’s Unity state on 22 April 2012 (Photo: Reuters)

When the two countries struck a deal on oil transit fees in 2012, the world oil price had been stable at around $110 a barrel. But Since June 2015 princes have been cut roughly by more than 70 per cent.

As a result of this unprecedented fall of oil prices in the international market, Juba and Khartoum agreed to review the deal which gives Khartoum over $9 per barrel in addition to $15 as a transitional financial arrangement.

South Sudanese Ambassador in Khartoum Mayan Dot Waal announced that Sudanese oil minister Mohamed Zayed Awad, will fly to Juba on Wednesday for talks with his counterpart Stephen Dhieu Dau to discuss oil transportation fees via the Sudanese pipelines.

Waal who is travelling with Awad to Juba, further said the two ministers will discuss the resumption of oil production from Bentiu state which stopped since more than a year due to the South Sudanese conflict.

Presidents Omer al-Bashir and Salva Kiir recently expressed their will to normalize bilateral ties and settle the different disputes that caused tensions between the two countries since the secession of South Sudan.

In an interview with France 24 last Monday, al-Bashir said the outstanding issues between the two countries are not resolved. But, he pointed to the humanitarian and economic effects of South Sudan’s crisis, adding he was the president of unified Sudan for over 20 years and he has to behave in the interest of South Sudanese people.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.
  • 3 February 2016 07:03, by Eastern

    There is no hope in oil for the sustenance of South Sudan’s economy. The sooner Kiir and cohorts engage in positive international diplomacy the better. Most of the factors leading to the dwindling global oil prices are way outside the control of the two Sudans. Good luck!

    repondre message

  • 3 February 2016 10:10, by Agutthon

    Nothing positive ever came out of Khartoum!

    repondre message

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.



Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Do Not Provoke a Sleeping Dog: Response to Dr Lam Akol 2020-04-04 14:35:55 By: Josephine Joseph Lagu Recently, Dr. Lam Akol Ajawin, leader of the National Democratic Movement, NDM has been at arms with the South Sudan Opposition Alliance (SSOA), making media statements (...)

How we should look at the relationship between the two Sudans 2020-04-04 08:28:35 I dedicate this contribution to martyrs and friends, and especially to our leader Dr John Garang De Mabior, Yousif Kuwa Mekki, Mohamed Juma Nail, Hashim Abubakr, Mohamed Ahmed Omar Al Haboub, (...)

Of Peacekeepers and Pandemics 2020-04-03 07:43:49 By Jean-Pierre Lacroix The COVID-19 pandemic is also developing in countries marred by armed conflict. In an op-ed featured in Le Monde, the head of United Nations Peacekeeping, Jean-Pierre (...)


MORE






Latest Press Releases


S. Korea supports UN communities building resilience project in Sudan’s Blue Nile 2019-09-09 09:26:41 UNDP Sudan September 5, 2019 (KHARTOUM) - An agreement was signed on 5th of September between the Korean Ambassador, His Excellency. Lee Ki-Seong and Dr. Selva Ramachandran, Resident (...)

Sudanese lawyers and Human rights defenders back calls for civil rule 2019-04-26 10:22:06 Press statement by 55 Sudanese lawyers and Human rights defenders on Sudan Sit-in and Peaceful Protest Khartoum -24/04/2019 We, the undersigned (55) Sudanese lawyers and human rights defenders, (...)

South Sudan’s Lafon youth condemn killings of civilians by Pari community 2019-04-03 21:54:29 Press Statement on the Fighting between Pari/ Pacidi and Lotuko/Lokiri on 24/3/2019 Release by The Lafon County Youth Union: We, the Lafon County Youth Union hereby condemn the atrocities and (...)


MORE

Copyright © 2003-2020 SudanTribune - All rights reserved.