South Sudan/Sudan: South Sudan to Renegotiate Oil Fees with Sudan: Official

Jan 31, 2015 | Sudan Tribune
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JUBA – South Sudan’s petroleum minister, Stephen Dhieu Dau said his country will consider whether to continue paying Sudan $25 per barrel of oil or push for reduction.

The move, Dau said, was as a result of global fall in oil prices which has badly affected South Sudan’s largely oil-dependent economy.

Juba pays Khartoum $25 per barrel for oil transported through the Sudanese territory.

Dhieu, however, said the $25 per barrel of oil being paid was meant to expedite the repayment of a $3 billion compensatory package they agreed to pay Sudan following South Sudan’s cessation in July 2011.