South Sudan: S. Sudan Generated $3.5 Billion from Oil Over a Year: Ministry

Jun 2, 2014 | Sudan Tribune
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June 2, 2014 (JUBA) – A total of $3.5 billion was realised by South Sudan from its crude oil sales between June 2013 and May this year, the country’s petroleum and mining ministry announced.

A statement signed by petroleum minister, Stephen Dhieu Dau, said only half of the revenues generated reached the new nation’s coffers after payments of load and proceeds to the Sudanese government, as pipeline charges, were made.