Sudan oil revenue jump higher in June
July 29, 2009 (KHARTOUM) — The crude oil exports for Sudan last June edged higher compared to May reflecting improved prices for the crude in world markets.
Abu-Gnaya said that the share of the Government of Southern Sudan (GoSS) in oil revenues increased in June to $70.43 million from $63.43 million in May.
The share of GoSS for locally used oil was $34.96 million compared to $28.01 million in May.
He further stated that the shares of the oil producing states of Unity, the Upper Nile and South Kordofan were $1.20 million, $1.15 million and $998,000 respectively. The share of Abyei area in the oil revenues for was $1.66 million.
This month the Permanent Court of Arbitration redefined the boundaries of Abyei awarding North Sudan the area’s key Heglig and Bamboo oilfields placing them in the north Sudan district of Southern Kordofan.
As a result the ruling National Congress Party (NCP) announced that the South will not be entitled to receive any share from the oil exports from the two fields except the 2% to South Kordofan effective July 22nd.
Abu-Gnaya said that June’s calculations do not incorporate the impact of Abyei’s ruling.
The Goss is likely to protest the withholding of Abyei oil money particularly in light of the growing financial crisis impacting the budget figures.
The wealth sharing provisions of the Comprehensive Peace Agreement (CPA) stipulate that fifty percent (50%) of net oil revenue derived from oil producing wells in Southern Sudan shall be allocated to GOSS as of the beginning of the Pre-Interim Period and the remaining fifty percent (50%) to the National Government and States in Northern Sudan.
(ST)
Saaid Nafe
Sudan oil revenue jump higher in June
May advice to all Sudanese that the resources in Sudan are more than the population result in a big country like Sudan.Please may you share together what God has given you otherwise you all will end up killing yourselves and the foreigners will benefit from your resources as I already can see now.Please don’t ley thrift to your own brothers not to benefit form what God had given to you all.Discuss everything to agree not to disagree because the foreigngers want you to disagree so that they benefit form your disagreement to loot your resources.
Justin Chicago opiny
Sudan oil revenue jump higher in June
Oil and land is the only thing that the NCP is after and not the unity of Sudan.How can you deny southerners their share of the oil revenue from Heglig before you even put the border issue between North-South Sudan to rest.Abyei ABC is not the final border issue with the North.Demarcate the border between North and South Sudan as they stand on 01 01 1956. It is now clear that the NCP is the one pushing the south for separation by not making the Unity attractive and do not forget it is NCP that is now slicing sudan into parts because of its thirst for Oil.If that is the way NCP is handing the issue of oil in the country it should be ready to finance the war in Darfur for along time becuause people in Darfur will not accept being treated the way the south is now handled with oil revenue. To be on the safe side let the oil revenue cash from Heglig oil area keep flowing until the border issue between North and south is brought to rest.