Sudan, South Sudan reach oil deal, implementable only after the issue of border security had been resolved
2 min readSudan and South Sudan have reached a deal on oil transit fees, but Khartoum said it would be implemented only after the issue of border security had been resolved, dampening hopes of a quick resumption of southern oil exports through the north. Both sides had made concessions in the past few days. Juba had last said it was willing to pay $9.10 and $7.26 per barrel to use two pipelines crossing Sudan, as well as a $3.2 billion package to compensate Sudan for the loss of most of its oil reserves to the South. It had previously offered $2.6 billion. Sudan itself lowered its demand to around $22 a barrel, from an initial $36, according to a position paper published by SUNA. It also wants compensation of $3.02 billion, among other demands, Suna added.
http://news.yahoo.com/sudan-south-sudan-break-off-talks-despite-progress-000244329.html
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