Sudan’s Ministry of Petroleum announced formation of joint committees with South Sudan to review oil transit fees through Sudanese territory signed by the two countries.
Sudanese President Omar al Bahir ordered in January the review of the cooperation agreement with Juba following South Sudan’s government calls to do so amid a drop in worldwide oil prices.
Sudan’s oil minister Mohamed Zayed Awad said in statement to Sudan News Agency that negotiations are ongoing between the two sides about the transit fees which are expected to end this year.
He said he expected the situation in South Sudan to stabilize after the formation of the transitional government which will lead to resumption of oil production in Bentiu oil fields which have shut down since the war began.