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Old January 28th, 2012, 09:49 PM   #21
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South Sudan oil row: Sudan to release shipments

Sudan says it will release detained crude oil shipments belonging to South Sudan to help end a bitter dispute.


The laden vessels would be allowed to leave Port Sudan as soon as possibile, a Khartoum negotiator said.

The move followed South Sudan's threat to halt production, as talks on the row over oil transit fees broke down.

The newly independent state currently has to use Sudan's infrastructure to export its oil, but halting production would hurt the economies of both.

South Sudan seceded in July 2011, taking with it the lion's share of Sudan's oil - but without agreement on oil transit fees.

The BBC's James Copnall in Khartoum says Sudan needs these oil transit fees to cover the gap in its budget caused by South Sudan's secession.

It has started seizing oil in lieu of the fees.

Three ships carrying 2.2 million barrels of oil have been detained, AFP news agency says.

South Sudan has accused Khartoum of taking oil worth $815m (£518m) in total.

'Stealing'

"President Bashir is ready to make this gesture. Sudan is going to release the vessels detained in Port Sudan," Sayed el Khatib told a news conference in the Ethiopian capital, where talks have been taking place.

Mr Khatib said releasing the ships should open the way for what he called a "cover agreement" between the two countries to be signed - and that Khartoum was ready to do this by the end of Saturday.

There was no immediate reaction from South Sudan.

Late on Friday, South Sudan's lead negotiator, Pagan Amum, said a deal had fallen through because Sudan was "stealing" his country's oil.

He also said the shutdown of South Sudan's oil production would be complete by the end of Saturday.

Oil accounts for an estimated 98% of landlocked South Sudan's budget - but it currently has to use Sudan's pipelines and export terminal to export the oil.

Reuters news agency cited industry sources as saying Sudan had already sold at least one cargo of crude oil seized from South Sudan at a discount of millions of dollars, and was offering more.

Sudan's President Omar al-Bashir and his South Sudanese counterpart, Salva Kiir, have been holding talks in Addis Ababa, brokered by the leaders of Djibouti, Ethiopia, Kenya and Somalia.

Observers say the oil row has created the greatest crisis between the two states since South Sudan became independent, and has stoked fears of a return to war

BBC
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Old January 29th, 2012, 05:46 AM   #22
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South Sudan shuts down more wells as crisis deal flops

By MACHEL AMOS in Palaug Posted Saturday, January 28 2012 at 14:29

South Sudan oil operators closed more 242 oil wells Friday as the government announced it has unearthed further oil theft of more than 40,000 barrels per day.

This came as President Salva Kiir failed to agree a deal with Sudanese leader Omar al-Bashir to unlock the impasse that has led to the on going shutdown.

The wells were closed in Palaug oil fields in the Upper Nile state which accounts for more than 60 per cent of the country's crude oil output.

Paluag has 600 oil wells and the 242 already shut down have halved the daily output of 250,000 barrels per day, officials said.

The field is held by Petrodar Oil Company, the biggest oil operator in the country.

However, Petroleum and Mining minister Stephen Dhieu Dau said his technicians had discovered that an additional 40,000 barrels were being produced per day on top of 230,000 daily barrels the company reported.

"After the resolution of shutdown, the company here tried to increase the production against what we are actually telling them to reduce to the minimum,” Mr Dhieu said, accusing former civil war Sudan of having a hand.

In the country’s Unity state, which officials now say accounts for nearly 40 per cent of the daily output, all the oil wells have been successfully closed down.

The Council of Ministers, in a sitting chaired by President Salva Kiir, resolved a week ago to shut down the oil pipeline to avoid continuous oil seizure by Sudan along the export route to Port Sudan.

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Old January 29th, 2012, 05:57 AM   #23
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South Sudan to lay pipeline through Kenya
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Old January 29th, 2012, 06:01 AM   #24
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Old January 31st, 2012, 07:30 PM   #25
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Total 'readies South Sudan splash'

Total will very soon begin exploration in beleaguered oil-rich South Sudan with company representatives already in the country, a report claims.

Eoin O'Cinneide & news wires 31 January 2012 16:08 GMT

The French supermajor has “committed” itself to begin exploration work this year, Reuters quoted a country official as saying on Tuesday.

An unidentified Total vice president and an entourage are already in the South Sudanese capital of Juba with a view to discussing exploration plans, the news wire quoted the country’s chief negotiator, Pagan Amum as telling reporters.

"Total has already committed themselves to start exploration this year, actually this month. They are here. The vice-president is in town. They are welcome,” Reuters quoted Amum as saying.

Total is eyeing exploration in Jonglei state, Reuters said, with any oil discovered in Block B possibly destined for a prospective pipeline to be build between South Sudan and the Kenyan Indian Ocean town of Lamu.

Nobody was immediately available for comment at Total on Tuesday afternoon.

South Sudan, the world’s newest nation, continues to be at loggerheads with its neighbour Sudan to the north over oil revenue sharing. When the former split from the latter it took with it around three quarters of the around 500,000 barrels of oil produced per day in the once unified country.

Sudan continues to press is neighbour to the south for a significant cut of its oil revenues for use of its infrastructure including pipelines and Port Sudan. This led to Sudan recently seizing eight shipments with a total of 6.3 million barrels of oil worth a combined $630 million.

In response South Sudan has shut in its oil production with talks between the presidents of both nations set for the Ethiopian capital Addis Ababa in an effort to resolve the impasse.

Tensions were ratcheted up even further, however, after South Sudan last week penned a memorandum of understanding with Kenya for a pipeline to be constructed to Lamu.

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Old January 31st, 2012, 07:37 PM   #26
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Kenya, South Sudan to form team for oil pipeline project

By ZEDDY SAMBU

Posted Monday, January 30 2012 at 21:04

Kenya and South Sudan will form a joint commission to streamline plans for the construction of an oil pipeline between Juba and the port city of Lamu.

South Sudan intends to construct a pipeline through Kenya to export its crude oil while the government would build a refinery in Isiolo to process the crude for local use and export to countries like Ethiopia.

“We do not have the money to build the pipeline. South Sudan has said it will build it but it will be jointly managed by the two countries,” said Energy PS Patrick Nyoike.

The PS said a similar arrangement would be adopted for the planned refinery, possibly on a 50:50 basis.

Last Tuesday, Kenya signed the oil pipeline and fibre optic deal allowing South Sudan build and own a pipeline through the Kenyan territory.

“We will form a joint venture on the twin projects . We have a counterproposal from Toyota Tsusho Corporation to build several multi products to Lamu and Nakuru,” he said.

Another line is planned to deliver products to the border town of Moyale to be tapped by Ethiopia. A pipeline would also be built to connect to the oil fields in Hoima in northern Uganda.

Mr Nyoike said it was possible to complete the project in a year given that the 2,000-kilometre line from South Sudan oil fields to Port Sudan was laid in 18 months.

The refinery, pipeline and fibre optic cable are part of the Sh16 trillion Lamu Port and Southern Sudan-Ethiopia Transport Corridor project.

The project includes resort cities along the corridor and airports linked via a modern railway line.

The pipeline offers South Sudan an alternative route to transport oil, which accounts for 98 per cent of its revenues while opening up northern Kenya for development.

Toyota Tsusho Corporation is planning to build a 1,400-kilometre oil pipeline under Build Operate and Transfer before handing over control of the facility to the two governments after 20 years.

The pipeline would carry a projected 450,000 barrels of oil a day from Juba in southern Sudan to Lamu on the Indian Ocean.

The estimated cost of the pipeline is $1.5 billion dollars (Sh135 billion).

“The pipeline is a gateway to move Sudanese oil to the market including Kenya. Both the crude oil line and the refinery are urgent. Our plan is to deliver both at the same time,” said Mr Sylvester Kasuku, Infrastructure specialist at Kenya’s Office of the Prime Minister.

He said Kenya would earn transit fees in line with international best practice adding that preliminary works on other aspects of Lappset such as roads and port building have started.

Landlocked South Sudan exports roughly 350,000 barrels per day but has started shutting down production after talks collapsed with Sudan over transit fees and revenue sharing.

Sudan says South Sudan has not paid for use of northern export facilities since its independence and is demanding $1 billion in fees and $36 per barrel for the crude to be exported through Port Sudan.

In the event of exports through Port Sudan being blocked, South Sudan has said the country can survive on borrowing (using its crude as collateral) until a new export avenue is created.

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Old February 1st, 2012, 12:40 AM   #27
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Quote:
Originally Posted by chiefayic2 View Post
Kenya, South Sudan to form team for oil pipeline project

By ZEDDY SAMBU

Posted Monday, January 30 2012 at 21:04


The pipeline would carry a projected 450,000 barrels of oil a day from Juba in southern Sudan to Lamu on the Indian Ocean.

The estimated cost of the pipeline is $1.5 billion dollars (Sh135 billion).

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A $1.5 billion pipeline to Juba? how is the oil going to make it to the pipeline in Juba in the first place. A pipeline to Juba is less than half the required length for the pipeline. May be there is an ingenious plan to truck the oil from the wells to juba.
But the probable reality is the reason why Toyota isn't quoting a price for the full length of the pipeline project is for fear of exposing how uneconomic the project is.
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Old February 1st, 2012, 05:59 AM   #28
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Quote:
Originally Posted by kitayabi View Post
A $1.5 billion pipeline to Juba? how is the oil going to make it to the pipeline in Juba in the first place. A pipeline to Juba is less than half the required length for the pipeline. May be there is an ingenious plan to truck the oil from the wells to juba.
But the probable reality is the reason why Toyota isn't quoting a price for the full length of the pipeline project is for fear of exposing how uneconomic the project is.
Thanks that you're aroused by the subject matter but, I'm pretty sure that all the parties [South Sudan, Kenya, Toyota and other stakeholders] involve know best what their interests are....and what can negatively or otherwise affect those interests.
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Old February 4th, 2012, 11:41 AM   #29
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Oil companies were helping Sudan steal oil.

An extra 40,000 oil barrels found as oil production shuts down, says minister
The government of South Sudan said on Saturday that an increase of oil production by 40,000 barrels per day was noticed as the shutdown process of the oil fields in the country continued.

Addressing the press at the Fuluj Airport in Upper Nile State, the minister of petroleum and mining, Stephen

Dhieu Dau, said that after the completion of the shutdown process, his Ministry will do a comprehensive investigation to know how the increase occurred.

Dau added that the shutdown process of the oil wells is progressing as planned, adding that 50% of the oil fields in the country have already been shut down.

He said that the shutdown process is gradual and will be completed within the coming days.

Radio Miraya
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Old February 4th, 2012, 11:52 AM   #30
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South Sudan Produces More Oil than Revealed

JUBA – Undisclosed oil wealth have been revealed during the shutting down of South Sudan oil production and closure of pipeline whose crude for export runs through the Sudan pipeline to the port terminals.

According to the Minister of Petroleum and Mining Stephen Dhieu Dau, more oil wealth was discovered in the two producing oil States of Unity and Upper Nile during the shutting down of oil production in the Country.

He said it was discovered that oil production in Unity State was 600,000 barrels and above per day but the oil which was calculated for South Sudan in a day was much less than that quantity without giving more details.

“Some wealth of South Sudan were not accounted for during oil production,” the Minister said.

He told the Parliament that South Sudan was producing a lot of oil but Sudan did not account for it as it was assumed that there was less production without calculation.

The Minister said the halting of oil production has become a “blessing” to South Sudan that it has more resources underground while an alternative pipeline which will not pass through Sudan is constructed.

He said the construction of our own oil pipeline for South Sudan has become a top national project in the Country and assured that the Ministry of Petroleum would put measures in place to protect citizens on environmental effects which might result from oil production.

On Tuesday the National Legislature directed the Government to look for alternative pipelines that would be cheaper, to pass through one country that does not have any relations with the Sudan.

The Legislators have further said that before production of oil is resumed survey must be done to clearly know how much oil is pumped out per day.

The Citizen
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Old February 10th, 2012, 08:43 AM   #31
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South Sudan, Ethiopia Sign Accord on Djibouti Oil Pipeline

Feb. 9 (Bloomberg) -- South Sudan and Ethiopia’s governments signed a memorandum of understanding to build an oil pipeline via Djibouti, South Sudanese Information Minister Barnaba Marial Benjamin said.

South Sudan also held talks with an unidentified Texas- based construction company about building a pipeline to the Kenyan coastal town of Lamu, Benjamin said on the government’s website in Juba, the capital. Kenyan and South Sudanese officials agreed on the pipeline last month.

The U.S. company “is ready to construct in six months time,” while Toyota Motor Corp. of Japan has begun a feasibility study on the Lamu project, he said.

South Sudan is evaluating alternative pipelines amid a dispute with neighboring Sudan over what fees it should pay to ship its oil through an existing facility that runs north to Port Sudan on the Red Sea. The disagreement led South Sudan to shut down its oil production last month.

South Sudan gained independence in July, taking control of three-quarters of Sudan’s output of 490,000 barrels of oil a day. Sudan is demanding compensation for the loss and also wants South Sudan to pay $6 a barrel to transit the oil via the country. South Sudan has offered to pay $1 a barrel.

Talks Resume

The two countries will resume talks tomorrow in Addis Ababa, the Ethiopian capital, with the African Union High-Level Implementation Panel on Sudan, on ways to resolve their disagreement, al-Obeid Murawih, spokesman for Sudan’s Foreign Ministry, said in an interview. The last round of talks ended in January without an agreement.

“The news about the pipelines will not affect the talks,” Murawih said by phone from Khartoum, Sudan’s capital. “The government of South Sudan is looking for alternatives for Sudan’s oil infrastructure because they’re not happy with our offer, and if other parties are offering them better deals, congratulations then.”

South Sudan’s crude is mainly pumped by China National Petroleum Corp., Malaysia’s Petroliam Nasional Bhd. and India’s ONGC Videsh Ltd. The oil companies won’t be present at tomorrow’s talks, Murawih said.

The planned pipeline via Djibouti forms part of a broader economic cooperation agreement with Ethiopia and South Sudan, said Djiboutian Finance Minister Ilyas Moussa Dawaleh.

‘Major Projects’

“One of the major projects we want to achieve is the transport of energy, especially the oil pipeline linking South Sudan to Djibouti via Ethiopia,” Dawaleh said in an interview yesterday in Djibouti City, the capital of the Horn of Africa nation.

Djibouti’s $982 million economy relies on services related to its strategic location on the Gulf of Aden, through which 20 percent of world trade passes on its way to the Mediterranean Sea, via Egypt’s Suez Canal.

Other areas of cooperation between the three countries will include extending the telecommunications networks in Ethiopia and Djibouti into South Sudan, while improving road and rail networks in the region, Dawaleh said.
source

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Old February 10th, 2012, 08:49 AM   #32
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double post

Last edited by Ras Siyan; February 15th, 2012 at 10:45 AM.
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Old February 11th, 2012, 05:58 AM   #33
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Trafigura in South Sudan oil row

The controversial oil trader confirms that a tanker it bought is the subject of a growing diplomatic incident

Trafigura has been accused of buying oil "looted" from South Sudan by neighbouring Sudan with which it has signed a peace treaty following decades of civil war that claimed more than 1.5m lives.

The controversial oil trader, which came to global political attention when it was revealed that a ship it had chartered dumped tonnes of toxic oil slops in Ivory Coast, confirmed that a tanker of oil it bought is subject to the growing diplomatic incident.

"The revenue that the government of Sudan has looted since December amounts to approximately $815m (£518m)," the President of South Sudan, Salva Kiir, said in reference to Sudan's allegedly selling on tankers of South Sudan's oil.

Omar al-Bashir, Sudan's president, warned the dispute could spark another war. "We will go to war if we are forced to go to war," he said on national television.

Trafigura, which is run from Switzerland by billionaire Claude Dauphin, confirmed that the oil it bought from Sudan is subject to a legal claim from South Sudan, the world's youngest country, created after it broke away from Sudan last year.

"The government of South Sudan was asked to provide further information to support its claim to ownership of the oil in which Trafigura has an interest. Some information has been provided which we are reviewing," Trafigura said in a statement. Trafigura said it had made "significant efforts" to confirm ownership of the oil it bought three weeks ago. "In relation to our interests in recent shipments, given the ongoing political discussions with respect to Sudanese oil ownership, significant efforts have been made to confirm legal title, and that confirmation has been provided."

South Sudan, which is landlocked and exports its oil via a pipeline through Sudan, stopped all oil production last week as the dispute escalated.

Last month Sudan admitted to holding tankers carrying South Sudan's oil, claiming that the south had failed to pay a multimillion-dollar transit fee for the use of the north's pipeline to Port Sudan on the Red Sea.

Trafigura bought the oil in an Indian-flagged tanker called Ratna Shradha three weeks ago. The ship, which is believed to be heading for port in Malaysia, was last seen on 5 February near Singapore, according to Reuters. South Sudan has warned that it may take legal action against any parties that buy the disputed cargo. Oil accounts for 98% of South Sudan's annual income.This is not the first time Trafigura has been involved in legally suspect oil deals. In 2001 the trader was allegedly involved in smuggling 500,000 barrels out of Saddam Hussein's Iraq. Trafigura insists it handled the deal via third parties in good faith.

Trafigura said its profits in its last financial year were boosted to more than $1.1bn following "prolonged volatility" created by the Arab spring uprisings and the Japanese tsunami, according to a letter Dauphin sent to bondholders seen by the Financial Times.

"Social upheaval in Libya and Egypt led to a restriction in North African crude supply. In Japan, the catastrophic earthquake and resulting tsunami had a profound effect on global industrial production, the most important determinant of commodities markets," the letter said.

Guardian
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Old February 11th, 2012, 06:07 AM   #34
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South Sudan in talks with Texas Company on oil pipeline

February 8, 2012 (DALLAS) – The government of South Sudan is in talks with a Texas-based company to explore options for building an oil pipeline which would serve as an alternative to the one passing through the territories of Sudan.

According to South Sudan information minister Barnaba Marial Benjamin, the unidentified company could start working the project in as soon as six months.

He offered no further details.

The official further said that South Sudan had signed a memorandum of understanding with Ethiopia to construct an oil pipeline passing through Djibouti.

A source close to the Juba government said that Ethiopia’s Prime Minister Meles Zenawi gave his approval to the idea. It is not clear if Djibouti did the same yet. Eritrea is also an option on the table even though its president Isaias Afewerki has yet to respond.

Last week, the former Sudan oil minister Lual Deng said that exporting the oil through Djibouti would be a shorter distance than using the established pipeline going all the way from South Sudan to the Red Sea.

South Sudan minister said that Toyota Company has started feasibility studies on the Lamu pipeline project which was signed recently with Kenya.

The landlocked nation is currently involved in an escalating dispute with Khartoum over the payment of transit fees for its oil.

Negotiations between Juba and Khartoum, hosted by the African Union High-level Implementation Panel (AUHIP) have thus far failed to find a resolution.

Khartoum demands South Sudan pays $32 per barrel of oil that passes through its territory. Juba says it will only pay around $1 a barrel.

As talks on the fees dragged on the Sudanese government said it ran out of patience and can no longer tolerate South Sudan exporting its oil for free. As such it started taking part of the oil pumped by South Sudan to make up for what it called unpaid fees.

In response, South Sudan said last month it was shutting down its output.
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Old February 11th, 2012, 06:11 AM   #35
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Angola Sends Envoy to South Sudan to Seek Oil Deal, Jornal Says

By Henrique Almeida - Feb 10, 2012 7:25 PM GMT+1000

Angola will send an envoy to South Sudan next week to negotiate an oil deal for state-owned oil company Sonangol EP, Novo Jornal reported, citing an unidentified company official.

President Jose Eduardo dos Santos has asked Lopo do Nascimento, a former Angolan prime minister, to travel to South Sudan’s capital of Juba to discuss Sonangol’s access to an oil block once owned by oil company Elf, the weekly newspaper said.

Sonangol has already won a tender to operate an oil field in South Sudan, Novo Jornal said, without providing details.

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Old February 20th, 2012, 02:05 AM   #36
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South Sudan Wants Oil Back

By NICHOLAS BARIYO

KAMPALA, Uganda-Newly independent South Sudan has issued a legal notice over the more than 6 million barrels of oil allegedly stolen by its northern neighbor, Sudan, since December last year as the spat over oil transit fees between the two former civil war foes continues to escalate, officials said Saturday.

South Sudan's justice ministry issued an international legal notice Friday and instructed its legal consultants to track down several vessels carrying the stolen oil across the globe, according to Barnaba Benjamin, South Sudan's information minister.

"This is stolen oil and our legal experts are pursuing whoever buys it," he said.

Until last month, landlocked South Sudan, which seceded from Sudan last summer, has been relying on pipelines and ports in Sudan to ship at least 350,000 barrels of oil a day to export markers, mainly in Asia and European markets.

However, it halted shipments after accusing its northern neighbor of stealing its transit oil. Sudan officials say they confiscated vessels carrying crude oil belonging to South Sudan as compensation for transit fees owed.

While Sudan has insisted that its southern neighbor pays as much as $32 per barrel of crude shipped though its facilities, South Sudan insists it will only pay around $1 a barrel, in accordance with international standards.

In an apparent escalation of tensions, a Sudanese government spokesman accused South Sudan of trying to topple the regime in Khartoum by halting oil shipments and sponsoring rebels in the restive South Kordofan and Blue Nile states, a charge denied by South Sudan.

"They [South Sudan] are continuing to disturb our peace, by sponsoring rebellion on our territory" said Sudan government spokesman Rabie Abdelaty.

Sudanese officials say that by halting oil shipments, South Sudan is trying to squeeze its neighbor into economic hardships to stir Arab string-like uprisings.

An oil tanker carrying oil, allegedly stolen from South Sudan, was expected to arrive in Japan on Saturday or Sunday, according shipbrokers and a shipping fixture seen by Dow Jones Newswires Friday.

Trafigura, owners of the shipment on Friday, reiterated a previous statement that it had bought oil from South Sudan in the past, but denied that it had knowingly bought stolen oil. South Sudan is also investigating some unnamed Chinese companies for their alleged role in helping Sudan steal its oil, according to Benjamin.

South Sudan has also accused Chinese companies of under declaring oil wells as well colluding with Sudan to block shipments through pipelines in December and January. The accusations are threatening to sour relations with China, the largest buyer of Sudanese oil. Several Chinese-owned enterprises are currently engaged in laborious talks with South Sudan over their oil production licenses.

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Old February 21st, 2012, 09:15 PM   #37
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South Sudan expels head of Chinese-Malaysian oil firm
PALOUGE OIL FIELD, South Sudan, Feb 21 (Reuters) - South Sudan has expelled the head of Chinese-Malaysian oil consortium Petrodar, the main oil firm operating in the new African nation, top southern officials said on Tuesday, escalating a row between Juba and Chinese oil firms.

South Sudan has attacked Chinese oil firms and launched an investigation into whether they helped Khartoum seize southern oil being exported through Sudan until Juba shut down its oil output last month.

"The (oil) minister has just expelled the president of Petrodar," said Pagan Amum, South Sudan's top negotiator for talks with Sudan over oil payments.

"I think one of the reasons is lack of cooperation by the President of Petrodar (with the government) and we have dismissed him and expelled him and we are asking the partners to appoint a new president," he told Reuters during a visit to the oil field of Palouge.

Amum said relations with China were good but there were difficulties with some oil companies.

South Sudan has said Chinese oil firms have helped Sudan seize southern oil being exported through a Petrodar pipeline. Petrodar categorically rejected the accusations on Sunday and said it had followed only southern instructions.

South Sudan's attack on Chinese interests is puzzling Western diplomats because China is the biggest buyer of its oil.

Petrodar pumped 230,000 bpd from Upper Nile state, to which the Palouge field belongs, until the shutdown. It is a consortium of mainly Chinese state firms Sinpoec, Chinese National Petroleum Corp and Malaysia's Petronas. It runs oil fields in South Sudan and also an export pipeline through Sudan.

South Sudan took three-quarters of Sudan's oil production when it became independent in July but needs to export crude through a northern pipeline and a Red Sea port.

Both states have failed to agree on transit fees Juba needs to pay, prompting Khartoum last month to seize at least three southern oil shipments at the Red Sea terminal. South Sudan has responded by shutting down its entire output of 350,000 bpd. (Reporting by Hereward Holland; writing by Ulf Laessing; editing by Keiron Henderson)

Reuters
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Old February 22nd, 2012, 05:53 PM   #38
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Disputed Oil Can Unload After Court Ruling, Trafigura Says


By Jared Ferrie - Feb 21, 2012 1:43 AM GMT+1000

A crude oil cargo that’s been stranded at sea because of a dispute between Sudan and South Sudan can unload in Japan after a court ruling in London, oil trader Trafigura Beheer BV said.

“We can confirm that the English court has ordered that the delivery can be made,” Trafigura, which bought the disputed cargo, said in a statement. “The court will hold all proceeds related to the cargo until ownership is legally established.”

South Sudan declared independence in July, taking control of fields producing of about 75 percent of Sudan’s 490,000 barrels a day of crude output. The division of oil resources has become a subject of contention between the two countries as South Sudan claims the Sudanese government in Khartoum is illegally selling the crude.

The oil tanker Ratna Shradha has been sitting off the coast of southern Japan since Feb. 14 and hasn’t docked, according to AISLive data compiled by Bloomberg. The ship loaded about 600,000 barrels of Nile Blend in Sudan on Jan. 19.

The tanker’s owner asked the court to rule on the matter because ownership of the cargo is disputed, said Pagan Amum, South Sudan’s chief negotiator in talks with Sudan.

“We will leave no stone unturned to recover the value of oil stolen by the government of Sudan,” Amum said. “We are encouraged by the steps taken by owners of the ship taken in the English court.”

An employee of Chambal Fertiliser and Chemicals Ltd., the Indian company that owns the ship, who answered the phone today, said nobody was available to comment. JX Nippon Oil (5001) and Energy, scheduled to take delivery of the oil, also declined to comment.
Ordered Shutdown

South Sudan ordered a shutdown of crude production after accusing Sudan of diverting fuel to its refinery, forcing companies to load oil onto ships it controlled, and blockading other shipments. Sudan said it confiscated crude to cover unpaid fees it’s owed for allowing the landlocked country to transport oil via a pipeline to Port Sudan on the Red Sea.

Sudan’s foreign ministry spokesman, al-Obeid Murawih, dismissed the dispute over Trafigura’s purchase.

“Whether we sold the oil or we did not, consumed it or not, the buyers are willing to buy or rejecting -- all these don’t help solving the core problem, which is reaching an oil deal between two countries,” he said by phone yesterday from Khartoum.
Dar Blend

Sudan put 1.9 million barrels of Dar Blend onto three tankers, comprised of 650,000 barrels on the Sea Sky, 750,000 barrels on the Al Nouf and 600,000 barrels on the ETC Isis, according to letters from oil companies that were provided by Amum. Sudan also loaded 600,000 barrels of Nile Blend onto the Ratna Sharada, the documents showed.

The Sea Sky and Al Nouf remain in the Fujairah area, on the coast of Sudan, according to AISLive data. The ETC Isis is located off Singapore.

The U.K. court decision for the sale to take place with the funds kept in escrow is “significant,” said Marc Mercer, an Africa associate with the Eurasia Group in London.

“The Trafigura experience makes the north’s sale of southern oil even more difficult to other such companies,” he said today in an e-mailed response to questions. “Litigation in court as well as the possibility of further proceedings should the oil be determined as stolen will be costly for all sides -- financially and reputation wise.”

Sudan and South Sudan are scheduled to meet in the coming weeks in the Ethiopian capital, Addis Ababa, for the next round of negotiations on issues outstanding since the south separated. These include determining the status of the region of Abyei and disputed sections of the border, as well as agreeing on an oil revenue sharing arrangement.

Amum told reporters Feb. 15 that South Sudan will not begin pumping oil again until a comprehensive agreement is reached, which includes Sudan paying for southern oil it has confiscated.

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Old February 25th, 2012, 02:19 AM   #39
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South Sudan in talks with Vitol to build small

By Hereward Holland and Emma Farge | Reuters – Wed, Feb 22, 2012

PALOUGE OIL FIELD, South Sudan/LONDON (Reuters) - South Sudan is in talks with top oil trader Vitol to build a small refinery which would start producing in 2013, as it seeks to end dependency on Sudan, its oil minister said on Tuesday.

South Sudan took three-quarters of Sudan's oil production when it became independent in July but has no refineries and needs to import petrol from Sudan or East African neighbours.

The landlocked country is in a dispute with Sudan over oil payments, as it needs to export its crude through northern export facilities. It has shut down its entire output of 350,000 barrels a day after Sudan started seizing southern oil for what it calls unpaid transit fees.

"We are expecting the first product in 2013," Oil Minister Stephen Dhieu Dau told Reuters during a visit to Palouge oil field when asked about refinery talks with Vitol.

"They will use 10,000 barrels per day and the output will be 35-40 percent of the total so it will be 3,500 barrels per day initially and then we will develop it gradually," he said.

South Sudan planned two more small refineries, he said without giving details.

Vitol's Chief Executive Ian Taylor told Reuters talks have been held with Juba.

"The South Sudanese are interested themselves in creating some finished products which they don't have much of. They have talked to us and not just us," he said.

"They have got a problem with refining products on how to bring them in. What they've got is crude oil, sadly stuck in the ground," he said.

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Old March 20th, 2012, 04:17 PM   #40
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Oil Companies Given Deadline To Relocate From Khartoum

By Juma John Stephen

Quote:
JUBA, 20th March 2012

20th March 2012 is the deadline for oil companies to relocate their headquarters from Khartoum to South Sudan according to the Deputy Minister of Petroleum, Ms. Elizabeth James Bol based on a ministerial order circulated in February 2012.



A view of the Heglig oil field in Unity State [File photo]

“We gave them the 20th March 2012 deadline; they should relocate their headquarters to Juba. They respected that ministerial order and by 16th March they had a comprehensive report on how they plan to comply and the challenges they are facing,” Elizabeth said.

She said that the Ministry is ready to mediate between the companies and the Khartoum government in case of any obstacle in their relocation plan.

“The relocation is in terms of data not the buildings. They should move the data in software and the related hardware. The data is the property of the Government of South Sudan,” she explained
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