Sudan makes concession in oil talks: From $36 to $32.20

Sudan lowers oil transportation fees demand

Last Sunday chief negotiator, Pagan Amum, tabled South Sudan’s “last offer” saying Juba proposes $9.10 and $7.26 per barrel for its oil transported through the two Sudanese pipelines. He pointed out that they offer “a 7% increased processing fees”. “We made a new offer to transport South Sudan’s oil at $21 instead of $25 and we ask $6 for transit fees, we also cancelled the marine terminal charges and reduced the processing fees. So we reduced our demand from $36 to $32”, Awad Abdel-Fatah, undersecretary of Sudan’ oil ministry, told reporters in Addis Ababa on Friday For the oil produced by GNPOC, South Sudan offers $7.40 for the transportation, including the marine terminal fees, $1.07 for the processing facilities and $0.63 for the transit fee. Regarding the Petrodar oil Juba proposes $5.50 for the transportation and the marine terminal, $1.07 for the processing and $0.69 for the transit. The Sudanese oil minister Awad al-Jaz last March already made this offer of $ 32 per barrel describing it as “fair”. It came two months after South Sudan’s decision to shut down its oil production after accusing Khartoum of confiscating over $800 million of its crude. Abdel-Fatah pointed out that the Sudanese offer takes in consideration the new offer that Juba made which includes $3.245 billion South Sudan pledged to cover the third of Sudan’s financial gap, if Khartoum accept its latest offer.

http://www.sudantribune.com/Sudan-lowers-oil-transportation,43383

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PaanLuel Wël is the founder and editor-in-chief of PaanLuel Wël Media Ltd, a news website that covers news, opinions, analysis, history, culture and literature of South Sudan and the world. Founded in July 2011 by PaanLuel Wël to create a platform for free expression and constructive dialogue, the website features articles from various contributors, including columnists, commentators, poets, authors, activists and academics. PaanLuel Wël believes that media can play a vital role in informing, educating and empowering the people to participate in nation-building and social transformation. He also believes that media can foster a culture of dialogue, tolerance and diversity among different communities and groups, and hopes to inspire and mentor the next generation of South Sudanese writers and journalists.

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