Wednesday, August 14, 2024

Sudan Tribune

Plural news and views on Sudan

Jarch oil company exhorts southern Sudan to proclaim independance

JARCH MANAGEMENT GROUP, LTD.

JARCH URGES THE PEOPLE OF SOUTH SUDAN TO TAKE CONTROL OF THEIR DESTINY

November 14, 2007 — When Jarch says, “It’s YOUR Land, YOUR Oil!”, it is not just a slogan. We mean it. Jarch believes that the benefits of the resources from the land should go to the people of the land. However, this is not happening. Sudan exports $6 billion worth of crude oil. Out of the $6 billion, 80% of the oil comes from the South or $4.8 billion. The CPA calls for the South to get 50% of the revenues from oil derived from the South. This would come to $2.4 billion but the South is only getting $1.2 billion or 25% of the revenues. This is not enough to build the South

The companies operating in the South continue to work against the people in many ways. Companies that work on the land should work FOR the people and not against them.

Jarch has the interest of the people in mind. That is why our agreements have a 10% royalty and up to 75% of the profits going to the South. We will train you; we will build hospitals and schools; we will protect your environment; we will respect you as the owners of the land. And the Jarch Foundation will be for you, the people. At least ten percent of our profits will be returned to the people in addition to any contractual obligation. Our interests are aligned and we are ready to begin when you are.

Lets us build South Sudan together. Tell your leaders, you want your wealth; you want what is rightfully yours; you want your peace dividend; and you want it now. You want Jarch now.

JARCH MANAGEMENT GROUP, LTD.

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