Sudan Oil Revenes for February '08 Reach 397ml
Sudan’s oil revenues for the month of February 2008 has reached 397.78 million US dollars the Sudanese ministry of finance and economy said today.
298.26 million dollars were the exports’ proceeds and 108.52 million dollars were revenues of the crude oil used by local refineries. The federal government share was 239.30 million dollars whereas Southern Sudan government share was 158 million dollars for February 2008.
These figures are announced during the meeting of the Joint Committee on Determination and Allocation of Oil Revenues between the Government of National Unity (GoNU) and the Government of Southern Sudan (GoSS) on Sunday.
The Undersecretary of the Ministry of Finance and National Economy, Hafiz Atta Al-Manan pointed out that direct money transfers to southern Sudan government totaled 162.63 million USD with a surplus of 4.15 million USD to be used to satisfy outstanding obligation for GoSS.
Al-Manan said that share of the oil producing states was 8.12 million USD from which 9.25 million dollars were transferred to those states as follows:- Unity State 3.57 million dollars, Upper Nile State 2.45 million dollars and South Kordufan State 2.45 million dollars.
He further added that the surplus of of the oil producing states will be used to satisfy its outstanding obligation.
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- Unpaid Debt A comprehensive overview of the role of the Lundin Consortium in the oil war. ECOS calls upon the Swedish, Austrian and Malaysian governments to investigate whether, as a matter of international law, Lundin, OMV and Petronas 'were complicit in the commission of war crimes and crimes against humanity by others during the period 1997-2003.’ In response, the Swedish Public Prosecutor for International crimes opened a criminal investigation into ‘links between Sweden and the reported crimes’.
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