South Sudan/Sudan: South Sudan and Sudan Agree to Peg Crude Pipeline Fees to Oil Price

Feb 3, 2016 | Africa Report
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Transit fees that Sudan charges its neighbour South Sudan will be based on prevailing crude oil prices, a move away from a fixed fee, South Sudan's petroleum minister said on Wednesday. In recent weeks, local media have reported of a growing standoff between Sudan and South Sudan over oil transit fees, with the south wanting a cut as the collapse in global oil prices mean transit costs sometimes exceeded the price of crude.