The CPA (2005) sets out guidelines on revenue sharing between Northern and Southern Sudan.
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Global Witness says large discrepancies persist between the oil production data published by the government of Sudan and those published by CNPC, with which Petronas operates several blocks. The figures published by the government are significantly lower, raising fears that tensions could be fuelled between the North and South which share the proceeds.
Large discrepancies persist between the oil production data published by the government of Sudan and those published by the main Chinese oil company operating in the country, Global Witness says six months after the publication of its report which first exposed the gaps.
Please find Pdf of full press release below.
The leadership of South Sudan has downplayed fears of fresh conflict over oil reserves within its territory after the planned 2011 referendum.
Toyota Tsusho is developing plans to build a pipeline, which would run for 1,400km from Juba to the Kenyan island of Lamu, where an oil export terminal would be constructed.
Angelina Teny, Sudan’s State Minister of Energy and Mining and candidate for Unity State's Governorship, said that drilling of oil should benefit the people living in the oil areas. Another important issue according to her is the need to improve economic transformations so as to enable sustainability of economic gains.
Letter by Global Witness stressing that that increased transparency in the oil sector is also
imperative to avoid a return to violence.
* Sudan output falls short of estimates
* Plans for new oil refinery Port Sudan shelved indefinitely
The Minister of Energy and Mining has the Global Witness report on differences in reported oil figures.
Sudan’s oil minister dismissed accusations by Global Witness about manipulations in the figures of oil revenue during the last few years.
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