World
South Sudan oil production 'down about 50%'
Publish Date: May 23, 2014
South Sudan oil production 'down about 50%'
Members of the South Sudan Democratic Movement/Army (SSDM/A) faction march in Gumuruk on May 13, 2014. PHOTO/AFP
  • mail
  • img
newvision

KHARTOUM - Five months of fighting in South Sudan has cut the country's economically vital oil production by nearly 50 percent, the United States special envoy to the country said Thursday.

"The conflict at this point has resulted in a reduction by almost half of oil output from South Sudan," Ambassador Donald Booth, special envoy to Sudan and South Sudan, told African-based journalists in a conference call from Washington.

Industry sources had estimated the fighting caused a drop in production of between 130,000 and 160,000 barrels per day.

That is down from around 245,000 bpd before fighting began between government and rebel forces in December.

Some of the heaviest combat has been in the oil state of Unity, which borders Sudan.


Sudanese soldiers celebrate on a tank after recapturing the Daldako area, about 20 kilometres (12 miles) northeast of South Kordofan's state capital Kadugli, on Tuesday. PHOTO/AFP

Oil once generated hundreds of millions of dollars and provided 98 percent of revenue for the government of the impoverished South, which became independent from Sudan three years ago.

"So the entire country, even if not directly involved in the fighting, will suffer for a long time economically as a result of this conflict," Booth said.

South Sudan's oil is still exported through Sudanese pipelines. Fees and related transfers the South pays on a per-barrel basis are also economically significant for the north.

Before the South's war began, Khartoum projected those fees to make up about 10 percent of Sudan's revenue.

AFP

RELATED STORIES

Oil fans flames of South Sudan war

Khartoum welcomes South Sudan peace deal

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
S.Sudan bill gives security forces
South Sudanese lawmakers have proposed granting security forces the ability to make "virtually unrestricted powers of arrest" in the war-torn nation, Amnesty International warned...
ICC insists Kenyatta attend
THE International Criminal Court has rejected a request by Kenyan President Uhuru Kenyatta's lawyers to have him excused from a hearing next week...
Muslim pilgrims denounce IS but doubt US-led war
As they gather in Saudi Arabia's holy city of Mecca for the annual hajj, some pilgrims have denounced atrocities by Islamic State group jihadists as "a virus" threatening the world....
Fears over fresh eruption halt Japan volcano search
Volcanic tremors and fears over a fresh eruption forced rescuers with gas masks to halt operations to recover bodies from a Japanese mountain on Tuesday, 72 hours after its eruption....
Kutesa rallies Christians to act on global crises
The president of the UN General Assembly, Sam Kutesa has rallied Christians across the globe to act decisively to address global crises....
More than 30 feared dead on Japan volcano
The first deaths were confirmed Sunday among more than 30 hikers feared killed near the peak of a Japanese volcano that erupted without warning, spewing ash, rocks and steam....
Will police's move to increase the number of investigators help deal with fraud?
Yes
No
Can't Say
follow us
subscribe to our news letter