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South Sudan’s chief negotiator has rejected African Union-backed proposals that could see it pay up to $6.5bn to Sudan in the latest attempt to break a vicious deadlock between the two over sharing oil revenues.
South Sudan on Tuesday denied scrutinising rumours regarding the close links between two international oil companies, who work in the new nation, and the Sudanese government.
Total SA (FP) has agreed to begin oil exploration in the South Sudanese state of Jonglei where it holds a concession, the newly independent nation’s chief negotiator said.
Ban Ki-moon, the United Nations Secretary General on Sunday urged leaders in both Sudan and South Sudan to reach an agreement on how to share their oil wealth after series of counter accusations forced the latter to shut down its oil production.
The United States (US) permanent representative to the United Nations (UN), Susan Rice, on Monday urged the neighbouring states of Sudan and South Sudan to quickly resolve their long standing dispute over oil.
The Sudanese president Omer Al-Bashir on Sunday confirmed that his country has released impounded oil shipments of South Sudan, urging acceleration of diplomatic efforts to resolve the dispute.
South Sudan and Sudan could face a "major humanitarian crisis" if they fail to solve a running oil dispute, a top U.S. envoy said Sunday as African heads of state converged on Ethiopia's capital for an African Union summit.
The Sudanese president Omer Hassan al-Bashir heeded to a request from the Ethiopian Prime Minister Meles Zenawi and agreed to release three tankers carrying oil cargoes belonging to South Sudan that were held by Khartoum since earlier this month.
The Sudan Armed Forces (SAF) on Saturday announced that fighters from the Sudan People Liberation Movement North (SPLM-N) launched an assault on the site of a Chinese construction company in South Kordofan.
South Sudan on Saturday said it had shut down 90% of its oil production, a day after the latest talks to resolve a fee dispute with north Sudan failed in the Ethiopian capital Addis Ababa.
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