South Sudan accepts to pay Sudan’s $262 million oil debt

November 4, 2017 (JUBA) – South Sudan government says it will pay the pay $262 million demanded for transfer of oil through Sudan’s territory.
“It was agreed that the government of South Sudan should pay off the outstanding arrears which were not paid,” South Sudan’s information minister, Michael Makuei Lueth was quoted saying.
He added, “We want to avoid renegotiating the existing oil deal.”
South Sudan got the lion’s share of the oil when it split from Sudan in July 2011 after a referendum, (…)


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South Sudan accepts to pay Sudan’s $262 million oil debt

November 4, 2017 (JUBA) – South Sudan government says it will pay the pay $262 million demanded for transfer of oil through Sudan’s territory.
“It was agreed that the government of South Sudan should pay off the outstanding arrears which were not paid,” South Sudan’s information minister, Michael Makuei Lueth was quoted saying.
He added, “We want to avoid renegotiating the existing oil deal.”
South Sudan got the lion’s share of the oil when it split from Sudan in July 2011 after a referendum, (…)


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South Sudan urged to establish oil research institute

October 12, 2017 (JUBA) – A Sudanese official has advised the South Sudan government to form a unit for research so that people are trained on oil-related matters.
Sallah Hassan, an advisor in Sudan’s Petroleum ministry, said the oil sector will prosper with a research and development institute in place.
“So you should start the unit of research to attract young good people from the university, put them on training and let them start research and development for future production,” said (…)


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South Sudan President sacks head of state-oil company

September 7, 2017 (JUBA) – South Sudan President Salva Kiir has sacked the head of the state-owned oil company (Nilepet), James Thelweng and replaced him with a new managing director.
The president, in a decree read on the state-owned television (SSBC), removed Thelweng Mathiang and replaced with Chol Deng Thon.
Although no reasons were given for the president’s decision, the changes follow the scarcity of fuel in the country amid rising prices.
A holder of a master’s degree in Banking and (…)


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South Sudanese army downplays rebel threats on oil fields

September 5, 2017 (JUBA) – A South Sudanese army (SPLA) official has downplayed threats from rebels, saying adequate security would be provided to oil workers operating in the oil field areas.
The assurance came barely a week after South Sudanese rebels warned workers in the oil-producing areas to vacate or risk being attacked in a planned operation to disrupt oil production.
“We have the ability to defend the oil fields and there should be no reason for the rebels to think that they will (…)


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South Sudan rebels warn oil workers to vacate oilfields

September 2, 2017 (JUBA) – South Sudanese rebels have warned oil workers operating in the oil-producing regions of Unity state to leave the area.
The rebel spokesperson, Brig. Gen William Gatjiath said their forces were heading to the oil fields, claims Sudan Tribune could not verity.
“We would, therefore, like to once again remind all oil workers to evacuate the oil fields in Unity State without any delay,” he said.
The rebel official urged oil workers not to ignore their warnings and (…)


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Juba, Khartoum to hold oil discussions next week: minister

September 2, 2017 (KHARTOUM) – Sudan’s Deputy Prime Minister and Minister of Investment Mubarak al-Fadil Saturday said Sudan and South Sudan would hold bilateral talks next week to discuss ways to develop oil production.
Al-Fadil told the official news agency SUNA, that “joint talks will be held next week with ministers from South Sudan to develop oil production and discuss ways to benefit from this production”.
Juba and Khartoum have recently signed a framework agreement to promote the (…)


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