Sudan oil minister heads to Juba for talks over oil transit fees
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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 stroke a deal on oil transit fees in 2012,
world oil price had been stable at around $110 a barrel. But Since
June 2015 princes have been cut roughly by more than 70 percent.
As 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 the South Sudan’s
crisis, adding he was the president of the unified Sudan for over 20
years and he has to behave in the interest of South Sudanese people.
(ST)
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