Posts Tagged ‘compensation’

South Sudan crude cargo diversions to Sudan were due to stop in June 2018, oil minister Ezekiel Gatkuoth told African Energy

South Sudan signals end to crude cargoes

African Energy, 26 July 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 [...]

South Sudan oil export revenues are at a 3-year high but crippling crude diversions to Khartoum mean Juba's net revenue is negligible

South Sudan Coffers Empty Amid Crippling Crude ‘Diversions’ To Khartoum

South Sudan has diverted crude worth $1.6bn to Sudan in the past three years to pay off arrears in transit and compensation levies. Despite claims to the contrary there appears to be no end in sight to such transfers. MEES, 11 May 2018 More than four years into a civil war that seems as impervious [...]