Exports are transfered through Sudan’s pipelines
The Sudanese government has blocked oil exports from the newly independent South Sudan due to disputes over fees paid for the transport of oil through its pipelines.
Exports have been halted since 17 November, Oil Minister Ali Ahmed Osman told reporters on 28 November, AFP news agency reports.
Khartoum had previously stopped exports in August, shortly after South Sudan declared independence.
“Up to the end of October, the total amount of fees owed is $727m and they haven’t paid anything. For this reason, we decided to stop South Sudan from exporting oil,” said Osman.
South Sudan has managed to sell 33.4 million barrels of oil since its independence in deals estimated to be worth about $3.2bn (MEED 24:11:11).
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.