Posts Tagged ‘oil talks’


By Ulf Laessing

JUBA (Reuters) – South Sudan has started legal steps to track down oil seized and sold by Sudan in a row between the two countries over oil payments, a government spokesman said on Friday.

The landlocked African nation needs to export its crude through Sudan but both nations have failed to agree on a transit fee, prompting Khartoum to seize some southern oil. Sudan has sold at least one oil cargo, industry sources have told Reuters.

South Sudan has responded by shutting down its entire output of 350,000 barrels per day. Juba accuses Khartoum of seizing 6 million barrels since December.

“The ministry of petroleum has notified the ministry of justice and has issued a legal notice internationally through our legal international consultants to track down this oil and has reported that this is stolen oil,” government spokesman Barnaba Marial Benjamin told reporters after a cabinet meeting.

He also said the government was investigating whether Chinese oil firms operating in South Sudan have helped Khartoum to seize oil.

“Once it is proven through an investigation definitely the government of the Republic of South Sudan will take steps,” he said, without elaborating.

State oil firms from China, India and Malaysia own majority shares in the three consortiums extracting oil in South Sudan. China is the biggest buyer of South Sudanese oil and has built the most oil facilities in both countries.

Oil talks between Sudan and South Sudan sponsored by the African Union in Ethiopia will resume on February 23 but Barnaba said Khartoum was undermining negotiations by having bombed a disputed border region this week. Sudan denies this.

Barnaba also said Sudan was trying to secure development loans on international markets using natural resources such as oil and its agricultural potential as guarantee.

“South Sudan is the only country that has no debt … Even the United States they borrow money, Britain borrows so why can’t we borrow?,” he said, without giving a timeframe or targeted volumes.

(Editing by James Jukwey)

http://af.reuters.com/article/worldNews/idAFTRE81G14A20120217?sp=true

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New York Times
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South Sudan
 oil shutdown pushes up prices

UPI.com
JUBA, South Sudan, Feb. 17 (UPI) — South Sudan’s 3-week-old shutdown of its oil industry in a dispute over oil revenues with the fledgling state’s former leaders in Khartoum is likely to drag on and push up global oil prices.
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UN News Centre
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Daily Monitor
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UN News Centre
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UN News Centre
Fire guts South Sudan ruling party offices
Africa Review
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South Sudanese in UAE fear diplomatic limbo
The National
DUBAI // South Sudanese nationals living in the UAE are anxious about an April deadline for obtaining new passports as their young country has yet to open an embassy in the Emirates. A senior Sudanese official said last month that starting on April 8, 

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Afrique en Ligue
Rome, Italy – The UN Food and Agriculture Organization (FAO) is helping people in the conflict-affected South Sudanese state of Jonglei feed themselves and rebuild their lives through a series of emergency and long-term actions.

Sudan begins legal steps to track oil sold by Sudan
Oman Daily Observer
JUBA — South Sudan has started legal steps to track down oil seized and sold by Sudan in a row between the two countries over oil payments, a government spokesman said yesterday. The landlocked African nation needs to export its crude through Sudan