PALOUGE OIL FIELD, South Sudan/LONDON (Reuters) -
South Sudan is in talks with top oil trader Vitol to build a small refinery which would start producing in 2013, as it seeks to end dependency on Sudan, its oil minister said on Tuesday.
South Sudan took three-quarters of Sudan's oil production when it became independent in July but has no refineries and needs to import petrol from Sudan or East African neighbours.
The landlocked country is in a dispute with Sudan over oil payments, as it needs to export its crude through northern export facilities. It has shut down its entire output of 350,000 barrels a day after Sudan started seizing southern oil for what it calls unpaid transit fees.
"We are expecting the first product in 2013," Oil Minister Stephen Dhieu Dau told Reuters during a visit to Palouge oil field when asked about refinery talks with Vitol.
"They will use 10,000 barrels per day and the output will be 35-40 percent of the total so it will be 3,500 barrels per day initially and then we will develop it gradually," he said.
South Sudan planned two more small refineries, he said without giving details.
Vitol's Chief Executive Ian Taylor told Reuters talks have been held with Juba.
"The South Sudanese are interested themselves in creating some finished products which they don't have much of. They have talked to us and not just us," he said.
"They have got a problem with refining products on how to bring them in. What they've got is crude oil, sadly stuck in the ground," he said.
Source: http://news.yahoo.com/south-sudan-talks-vitol-build-small-060439619.html
Newer articles:
- What's at the Crux of Sudan and South Sudan's Oil Dispute? - 22/02/2012 19:33
- South Sudan kicks out president of oil company - 22/02/2012 18:26
- S.Sudan Kenya pipeline not feasible short-term: Norway - 22/02/2012 17:32
- South Sudan expels Chinese head of main oil firm - 22/02/2012 17:23
- S.Sudan oil minister warns Trafigura over seized oil - 22/02/2012 08:39
Older news items
- South Sudan expels head of Chinese-Malaysian oil firm - 21/02/2012 18:41
- South Sudan: Ethiopia, Kenya and Country to Jointly Fund New Oil Pipeline - 21/02/2012 11:19
- South Sudan: New Pipeline Alternatives - 21/02/2012 06:34
- South Sudan halves budget after oil shutdown - 21/02/2012 02:34
- South Sudan wants alternative oil pipelines - 21/02/2012 01:17
Latest news items (all categories):
- The power struggles among South Sudan’s political leaders are the direct cause of its ongoing conflict - 11/07/2026 14:03
- Celebrating Independence In The Midst Of Sorrow - 11/07/2026 13:41
- South Sudan resumes oil-backed financing - 11/07/2026 13:33
- Press statement: Strive For National Unity In Honor Of South Sudan's Independence - 10/07/2026 21:23
- Fifteen years of independence for South Sudan, but still little to celebrate - 10/07/2026 21:23
See also (all categories):
Random articles (all categories):
- More than 23K refugees flee South Sudan conflict - 31/05/2013 09:27
- Canadian journalism program sparks glimmer of hope in South Sudan - 30/09/2015 20:05
- Segregation of Igbos in Sudan Wicked, Barbaric – Coalition Tackles NIDCOM - 02/05/2023 04:52
- South Sudan Rebel Leaders Form Coalition - 01/03/2018 15:46
- UK Home Office accused of delays to reunite family - 01/11/2023 01:32
Popular articles:
- Who is the darkest person in the world, according to Guinness World Record? - 25/10/2022 02:34 - Read 147773 times
- School exam results in South Sudan show decline - 01/04/2012 17:58 - Read 27845 times
- Top 10 weakest currency exchange rates in Africa in 2023 - 19/07/2023 00:24 - Read 24935 times
- No oil in troubled waters - 25/03/2014 15:02 - Read 24255 times
- NDSU student from South Sudan receives scholarship - In-Forum - 29/09/2012 01:44 - Read 22166 times