OIL BLOCKAGE? South Sudan said Tuesday that Sudan, its northern neighbor that controls the region's pipelines, has blocked the movement of 3.4 million barrels of oil belonging to the south since December.
BIG LOSSES: After breaking away from Sudan in July, South Sudan gained control of nearly three-quarters of the formerly unified country's oil fields, which produce around 500,000 barrels per day. The loss of that oil has cost Sudan around half of its yearly revenue. The two countries are negotiating revenue sharing and pipeline fees to help the north meet that budget shortfall.
IN THE PIPELINE: The oil agreement still being negotiated is part of a host of outstanding issues from the region's 2005 Comprehensive Peace Agreement, which ended more than 20 years of civil war. After talks in Ethiopia broke down in November, Sudan's government threatened to take 23 percent of southern oil shipped through its port as an "in kind" payment of fees.
Source: http://news.yahoo.com/summary-box-south-sudan-says-sudan-blocking-oil-170926468.html
Newer articles:
- South Sudan offers crude oil despite export woes - 12/01/2012 08:02
- South Sudan accuses Sudan of stealing oil - 12/01/2012 05:29
- South Sudan says Sudan blocking its oil exports - 11/01/2012 18:00
- Obama sending 5 U.S. military officers to S. Sudan - 10/01/2012 22:29
- Obama sending 5 US military officers to S. Sudan - 10/01/2012 22:00
Older news items
- South Sudan accuses Sudan of blocking oil exports - 10/01/2012 15:00
- South Sudan: UN Warns of Multiple Crises - 10/01/2012 15:00
- South Sudan Says Sudan Blocking Oil Exports, Diverting Crude Via Pipeline - 10/01/2012 15:00
- South Sudan accuses Sudan of blocking 3.4 million barrels of oil exports since December - 10/01/2012 14:00
- UN warns S. Sudan of multiple crises - 10/01/2012 11:00
Latest news items (all categories):
- Research ● Olga Algayerova: Small-State Diplomacy in an Era of Geopolitical Fragmentation - 28/10/2026 17:44
- The long journey back to the wild: The return of Przewalski’s horses - 28/10/2026 17:38
- South Sudan to begin voter registration in November ahead of December elections - 28/10/2026 17:12
- South Sudanese Liberation Hero Joseph Lagu Dies at 94 as President Kiir Declares National Mourning - 28/10/2026 17:03
- National average price spreads for maize: Across select East African countries - 28/10/2026 16:56
See also (all categories):
Random articles (all categories):
- Violence in South Sudan Town Shuts Down Hospital - 17/05/2013 15:00
- British troops in South Sudan will have no peace to keep - 12/10/2015 06:41
- South Sudan: Security and Aid Access around Pibor, Gumuruk - 20/08/2013 17:48
- President of Niger Denounces South Sudan Agression on Sudan - Sudan Vision - 14/04/2012 11:50
- Sudan, South Sudan Agree on Key Oil Dispute - Voice of America (blog) - 04/08/2012 12:58
Popular articles:
- Who is the darkest person in the world, according to Guinness World Record? - 25/10/2022 02:34 - Read 151396 times
- School exam results in South Sudan show decline - 01/04/2012 17:58 - Read 28450 times
- Top 10 weakest currency exchange rates in Africa in 2023 - 19/07/2023 00:24 - Read 25551 times
- No oil in troubled waters - 25/03/2014 15:02 - Read 24755 times
- NDSU student from South Sudan receives scholarship - In-Forum - 29/09/2012 01:44 - Read 22729 times