Friday 17 May 2019

#SouthSudan Concerned #Sudan's Turmoil Could Hurt its Oil Exports - Bloomberg

South Sudan Concerned Sudan's Turmoil Could Hurt its Oil Exports - Bloomberg:

South Sudan, recovering from a civil war in which 400,000 people died and and a quarter of the population was displaced, is concerned that an uprising in neighboring Sudan could threaten its oil exports, choking off its economic lifeline. 


Two pipelines deliver about 175,000 barrels of oil a day to a port in Sudan, the country from which South Sudan seceded in 2011, according to the nation’s Oil Minister Ezekiel Gatkuoth. While Sudan’s President Omar al-Bashir was ousted after popular protests, the military, which is running the country, is at loggerheads with the opposition over who should rule.

“What is happening in Sudan now is concerning me,’’ Gatkuoth said in an interview in Bloomberg’s office in Johannesburg. South Sudan’s president has sent him to meet with officials “to make sure that the port where we are having our oil transported to the international market is secured,” he said. Transport of drilling chemicals used for production could also potentially be interrupted.

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