Sudan makes concession on talks with South

Talks: dispute on oil revenues in Sudan make progress

related stories

News Wires

 27 July 2012 22:49 GMT

Sudan said on Friday it had made price concessions in oil talks with newly-independent neighbour South Sudan, but the two countries remained far apart on a deal to resolve disputes that have already brought them to the brink of war.

A Sudanese oil ministry official said Khartoum had lowered the amount it wanted to charge to transport Southern crude through its territory, in a bid to settle one of a long list of arguments between the rivals, Reuters reported.

South Sudan split away from Sudan last year as part of a peace deal that ended decades of civil war.

But the two countries went their separate ways without agreeing on the details of dividing their oil industries, the position of their shared border and the ownership of disputed territories. Their armies have clashed a number of times since the secession.

South…

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index