South Sudan and Sudan have made progress towards restarting the pumping of South Sudan’s crude oil through a pipeline running to a port in its neighbour, South Sudan’s finance minister and the president’s office said.<\/p>\n
WHY IT’S IMPORTANT<\/strong><\/p>\n The exports are a crucial source of revenue for South Sudan and Sudan takes a cut of the oil as a transit fee.<\/p>\n The\u00a0main pipeline\u00a0carrying oil from South Sudan through Sudan for export was halted in February because of damage stemming from a\u00a0war between Sudan’s army and the Rapid Support Forces<\/p>\n Analysts say the damage is leading to serious environmental contamination and that the stoppage has contributed to higher food prices in Sudan, where millions face\u00a0extreme hunger.<\/p>\n KEY QUOTES<\/strong><\/p>\n “Sudanese engineers have accomplished the necessary technical preparations for the resumption of oil production,” South Sudan President Salva Kiir’s office said in a statement late on Monday after a meeting in Juba between Kiir and Sudan’s army chief Abdel Fattah al-Burhan.<\/p>\n “Engineers from South Sudan are expected to visit Sudan in the coming weeks to familiarise themselves with the readiness of the facilities so as to jump-start production.”<\/p>\n “There has been a breakthrough, and (news of) it will come to public very soon,” South Sudan’s Finance Minister Marial Dongrin Ater told a news conference late on Monday.<\/p>\n Burhan’s office said the two sides would develop an operational plan to restart oil flows.<\/p>\n CONTEXT<\/strong><\/p>\n South Sudan’s economy has been under pressure in recent years amid communal violence, with crude oil export revenue having dwindled since a 2013-2018 civil war and more recently export disruptions due to war in neighbouring Sudan.<\/p>\n BY THE NUMBERS<\/strong><\/p>\n South Sudan had been sending about 150,000 barrels per day of crude through Sudan for export, under a formula established when South Sudan gained independence from Khartoum in 2011, taking most oil production with it.<\/p>\n At its peak before the civil war, South Sudan’s crude oil production stood at 350,000 to 400,000 barrels per day.<\/p>\n","protected":false},"excerpt":{"rendered":" South Sudan and Sudan have made progress towards restarting the pumping of South Sudan’s crude oil through a pipeline running to a port in its neighbour, South Sudan’s finance minister and the president’s office said. WHY IT’S IMPORTANT The exports are a crucial source of revenue for South Sudan and Sudan takes a cut of […]<\/p>\n","protected":false},"author":1,"featured_media":11768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":6,"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","number_popup_post":"1","show_post_related":"1","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","source_name":"Reuters"},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[28,32,31],"tags":[116,3132,186],"class_list":["post-13361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-central-africa","category-economy","category-north-africa","tag-south-sudan","tag-south-sudans-crude-oil","tag-sudan"],"_links":{"self":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/13361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/comments?post=13361"}],"version-history":[{"count":0,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/13361\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media\/11768"}],"wp:attachment":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media?parent=13361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/categories?post=13361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/tags?post=13361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}