Malaysia lauds Sudan-South Sudan oil agreement - The Sun Daily

KUALA LUMPUR (Aug 12, 2012): Malaysia has welcomed the recent successful agreement on oil transit fees between Sudan and South Sudan.

"Malaysia believes that this success will chart a new development in good bilateral relations between the two neighbouring countries," said a statement issued by Wisma Putra.

"It is of paramount importance for the issue to be resolved amicably and Malaysia encourages both sides to continue building on the strong momentum to move forward," it added.

In regard to this, Malaysia also applauded the commitment of President Omar Hassan Ahmed al-Bashir of Sudan and President Salva Kiir Mayardiit of South Sudan in reaching a mutual understanding on the issue.

"Malaysia also hopes that both countries will continue their negotiations to resolve disputes under the auspices of the African Union in finding a mutually acceptable solution to the remaining post-separation issues.

"Malaysia believes that this progress will pave the way for lasting peace and stability for both Sudan and South Sudan," the statement further said.

Sudan is among 30 countries where Malaysia's national oil company, Petroleum Nasional Berhad (Petronas), carries out oil exploration activities. – Bernama