Sudan frees South Sudan’s oil tankers but row continues

| February 26, 2012 | 0 Comments


Mon Jan 30, 2012 1:50pm EST

* Two sides unable to agree a transit fee

* Oil provides about 98 percent of South Sudan‘s income

* Disentangling oil among list of disputes after secession

(Adds Sudanese foreign minister’s comments)

By Alexander Dziadosz and Hereward Holland

KHARTOUM/JUBA, Jan 30 (Reuters) – Sudan has released
four tankers loaded with South Sudanese oil try to defuse a row
over export transit fees, but southern officials said the move
was not enough to reverse their decision to shut off crude
supplies.

South Sudan seceded in July under a 2005 peace agreement
that ended decades of civil war with Khartoum but the two sides
have yet to resolve a long list of disputes. Disentangling the
oil industries both depend upon is at the top of the agenda.

The landlocked new nation took control of about three
quarters of the unified country’s roughly 500,000 barrels a day
in oil output, but it needs to export its crude through northern
pipelines to the Red Sea port of Port Sudan.

The two sides have been unable to agree a transit fee,
prompting Khartoum to seize part of

Read more: http://www.reuters.com/article/2012/01/30/sudan-oil-idUSL5E8CU0AA20120130

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Category: South Sudan News