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South Sudan to market its own crude

The Ministry of Petroleum and Mining in South Sudan will be marketing its own fuel, as opposed to having  a crude marketing firm do it. An official from South Sudan said that Glencore has been ruled out as the marketer of its crude.

Ministry of Petroleum and Mining Undersecretary Macar Aciek Ader, previously with Sudapet in Khartoum, said he was currently the principal seller for South Sudan's crude and that Glencore would not handle future marketing.

"Nobody will accept giving a national resource of this nature to a private company to go and market it. Nobody will do that. Oil is politics, and it will continue to be politics," Ader told Reuters. Asked who would market South Sudan's oil going forward he said: "The ministry will continue to sell it."