Monday, August 6, 2012

One Day After An Agreement, Sudan - South Sudan Oil Deal Is Unraveling


Sudan Oil Deal Hits Snag On Security -- Wall Street Journal

KAMPALA, Uganda—The recently agreed deal between oil-producing South Sudan and Sudan, which was expected to allow the resumption of vital oil shipments through Sudanese pipelines and ports, is under threat because of lingering tensions along the two nations' common border, officials said Sunday.

Mutrif Siddiq, spokesman for the Sudanese negotiating team in Ethiopia, said that despite reaching the African Union-mediated deal on oil-transit fees, "no agreement will be signed" until a deal is agreed on the restoration of security in Sudan's three restive border states, where Sudanese forces are battling multiple rebel groups, allegedly backed by the South.

"Any agreement on oil shall be subject to the implementation of a full and final agreement on security matters," Mr. Siddiq said.

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Previous Post: Sudan And South Sudan Reach An Agreement On Their Oil Dispute

My Comment: A mea culpa from this blogger .... I am wrong. This morning I predicted that this oil deal will probably be unraveling by the end of the year .... ooopppssss .... it appears to be unraveling right now.

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