Sudan and South Sudan Reach Oil Deal
Sudan and South Sudan, which have been independent nations for only just over a year, have brokered a deal on oil revenue. Part of the ongoing conflict between the two nations, which began as a twenty year civil war punctuated by genocide in Darfur and fueled by ethnic and political clashes, was an unresolved dispute over how to divide oil profits, as most of the oil is produced in the southern country, yet it is exported through ports in the northern nation.
Secretary Clinton visited South Sudan last week and pressured the nations to reach an agreement: “Now was the time to bring this impasse to a close,” she stated, “for the good of the people of South Sudan and their aspirations for a better future in the face of ongoing challenges.” President Obama also praised the cooperation between the nations: “This agreement opens the door to a future of greater prosperity for the people of both countries.”
South Sudan has agreed to pay $9.48 a barrel to Sudan to transport oil through the latter’s pipelines, which is much less than the $36 originally demanded by Sudan. South Sudan has also agreed to pay $3 billion to make up for lost revenue during the past six months when it turned off the taps of its oil production.
Now peace and stability have a greater chance of occurring in the war-torn region. Congressional action would further the chances for peace, so urge your representative to support the Sudan Peace, Security and Stability Act!