South Sudanese Vice President Riek Machar arrived in the Sudanese capital on Sunday seeking to ease tensions after Khartoum threatened to halt oil flows worth billions of dollars to both impoverished neighbours. Machar landed at the airport in Khartoum, an AFP correspondent reported, and was to head immediately to a conference hall on the banks of the Blue Nile for talks with his northern counterparts. Shipments from Sudan of South Sudanese oil resumed about nine days ago after resolution of a year-long fee dispute, and despite uncertainty after President Omar al-Bashir ordered the oil flow stopped. The landlocked South voted to split from Sudan two years ago, under a peace deal which ended a 22-year civil war. South Sudan left with most of the formerly-united country's oil production but pipelines and the Red Sea export terminal remained in Sudan. The Juba government halted its crude production early last year in a dispute over how much it should pay Khartoum to use the export infrastructure. A March deal finally saw Juba resume pumping oil which flowed slowly toward Port Sudan where stocks built up for export. But on June 8 Bashir abruptly ordered the pipeline shut after warning Juba over backing rebels in the north. South Sudan denies supporting cross-border insurgents. A careful shutdown requires several weeks to avoid damaging the infrastructure, giving diplomats time to try to resolve the deadlock.
GMT 18:36 2017 Tuesday ,26 December
Scenting a recovery, oil producers ratchet up spendingGMT 20:43 2017 Monday ,25 December
Oil markets will witness balance in 2018: Iraqi Oil MinisterGMT 16:17 2017 Sunday ,24 December
Iraq invites bids for new oil pipelineGMT 14:26 2017 Friday ,22 December
Energy prices bump key US inflation index up in NovemberGMT 17:59 2017 Tuesday ,19 December
Japan trade surplus drops sharply on higher oil importsGMT 17:31 2017 Thursday ,14 December
Energy costs push US consumer inflation higher as Fed meetsGMT 15:30 2017 Wednesday ,29 November
Shell resumes all-cash dividend as oil price recoversGMT 13:22 2017 Sunday ,26 November
Chinese demand teaser to weigh on Vienna oil summitMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor