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Article

21 Dec 2011

Author:
AFP

Oil companies invited to join Sudan oil talks

Foreign and domestic oil companies will be asked to join the next round of revenue-sharing talks between Sudan and South Sudan, a top mediator for African Union-led negotiations said Wednesday...Companies invited to attend include Nile Petroleum Corporation, wholly-owned by the government of South Sudan, and Petrodar Operating Company, which is owned mainly by China National Petroleum Corporation (CNPC), Petronas..., Sudapet...and SINOPEC...Last month, the two sides failed to settle on a transit fee and how much the north is due in arrears. [Lead AU mediator Pierre] Buyoya said the AU delegation had received a letter from officials in Khartoum this week warning that Sudan will block oil shipments from South Sudan starting December 25 if transit fees are not paid...Blocking oil would hamper relations already soured by ongoing conflict along the disputed border in South Kordofan and Blue Nile, with both north and south accusing each other of cross-border attacks.