Sudan, South Sudan sign oil accord

Special to WorldTribune.com

CAIRO — Sudan and its new southern neighbor have signed an oil export
agreement.

Workers examine an oil facility in Heglig that was damaged in the Sudan-South Sudan conflict.

Under the agreement, South Sudan agreed to pay $9.48 per barrel to
transport crude oil through the pipelines of its northern neighbor, Sudan.

The oil would be pumped to a Red Sea port for export.

A statement by the South Sudanese government said the agreement would last until 2016.

At that point, the accord would be renegotiated. South Sudan plans to construct a pipeline through Kenya in an effort to reduce dependency on Khartoum.

The agreement could revive South Sudan’s energy sector.

The two countries came to blows in 2012 after South Sudan captured Heglig, a town with more than 50 percent of Sudan’s oil production.

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