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KHARTOUM - 22 Jan 2016

Khartoum willing to consider renegotiating oil transit fees

Sudan is ready to renegotiate the fees paid by South Sudan to transport its oil through northern pipelines, Sudan’s government spokesperson Ahemd Bilal Osman said.

In an interview with Radio Tamazuj, Bilal confirmed that the two countries have made contacts in order to reconsider the previous agreement on oil transit fees through the Sudanese infrastructure.

Bilal acknowledged South Sudan's threat to to stop pumping oil over continued payment of over 24 US dollars per barrel to Khartoum despite a drop in the price of its crude oil to under 30 dollars per barrel.

The Sudanese official hinted that there is a proposal to help remedy the crisis, though he did not give more details.

Sudanese Minister of Finance Badr al-Din Mahmoud recently announced technical arrangements in anticipation of the possible closure of the South Sudanese oil.

Speaking at the parliament, the finance minister accused the Juba government of failing to pay oil transit fees.

Mahmoud added that they decided to take their share of the South Sudanese oil in kind base on the Joint Cooperation Agreement.