South Sudan And Sudan May Soon Agree On Oil Transportation Fee
There are indications that the governments of South Sudan and the Sudan will soon reach an agreement on a fee to be paid to the Sudan for transporting oil through its pipeline.
Sudan’s minister of finance, Ali Mahmoud says he is optimistic that the two countries will reach an agreement.
[Ali Mahmoud]: “It is true that we have not reached an agreement yet. However, since there are on-going negotiations, that means that the two parties are going to come up with an agreement. During the talks, they (ROSS) brought a letter saying that the oil should flow normally as it used to, and that they are ready to talk with us over the cost of crude oil transport. We replied in a positive way that we are agreeing and don’t mind and that oil will continue to flow as usual and we told them to sit with us in a meeting to negotiate.”
Minister Ali Mahmoud said talks between the two countries will resume on the 1st of September in the Ethiopian capital, Addis Ababa.
Earlier the Sudan demanded payment of transit fee of 23 US dollars per barrels for transporting oil through its pipeline that runs through its territory.
South Sudan said the fee was too high.
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