South Sudan signals end to crude cargoes
Issue 374 - 27 Jul 2018
In lifting contracts agreed by Juba in early July for crude shipments in August, there is no cargo for Sudan Petroleum Corporation, signalling an end to the diversion of oil cargoes to Khartoum to pay South Sudan’s oil debts. Energy minister Ezekiel Lol Gatkuoth said in February that the transfers would cease in June, but the timing of Juba’s decision is still perplexing. In recent months, relations between the two capitals have been warming, both over the resumption of oil production in shut-down fields in South Sudan and efforts to end South Sudan’s civil war.
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