S.Sudan to restart some wells next month

South Sudan: Says production could restart as soon as next month

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News Wires

 07 August 2012 21:36 GMT

South Sudan hopes to resume oil production in September after reaching an interim agreement with Sudan on oil export fees, but it may take a year to return to full capacity, its top negotiator said on Tuesday.

The two countries agreed on Friday on how much South Sudan should pay to export its oil through northern pipelines, ending a dispute that led to the shutdown in January of South Sudan's output of 350,000 barrels per day, Reuters reported.

The deal marked a step towards ending hostilities between the African nations, which came close to a war in April when border fighting escalated in the worst violence since South Sudan became independent a year ago.

Sudan still wants to reach an agreement on border security, however, before allowing its landlocked neighbour…

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