Home | News    Wednesday 19 August 2009

North & South Sudan trade accusations over oil revenue

August 18, 2009 (KHARTOUM) — The two dominant ruling parties in Sudan today traded accusations over issues related to transparency in the distribution of oil revenue and the control over the industry.

The speaker of Sudan national assembly Ahmed Ibrahim Al-Tahir called on South Sudan to “exercise transparency with its citizens and unveil the fate of $8 billion in oil revenue received over the last four years”.

Al-Tahir speaking at a forum attended by representatives of oil producing states said that the responsibility to provide services and development in South Sudan lies with the semi-autonomous government.

However, the energy minister in the Government of South Sudan (GoSS) John Luke warned that the sentiment among Southerners is that they are being unfairly treated.

Luke added that citizens in the South believe that they will be better off if they secede so that they can enjoy 100% of the oil revenue instead of the 50% share as mandated by the 2005 Comprehensive Peace Agreement (CPA).

He also accused the energy ministry of withholding information on oil production and that Southerners are underrepresented at the oil industry.

But Ahmed Al-Hassan Al-Zebeir the federal energy minister dismissed Luke’s claim saying that oil produced in South accounts for only 13% of GDP.

Al-Zebeir added that there is lack of security in the South and that there is lack of coordination with the oil commission.

Both the North and the South is heavily dependent on oil exports which has declined significantly as the world demand for the crude was severely curtailed in the wake of the global financial crisis.

(ST)