South Sudan, Sudan Move to Resume Oil Exports
South Sudan, Sudan Move to Resume Oil Exports
South Sudan, Sudan Move to Resume Oil Exports
News summary

South Sudan is preparing to restart crude oil exports through Sudan, which is critical for both nations' economies. The main pipeline, which has faced disruptions since February due to ongoing conflict in Sudan, is expected to resume operations soon following technical preparations completed by engineers from both countries. South Sudan's Finance Minister and President Salva Kiir have indicated that a breakthrough has been achieved after a recent meeting with Sudan's army chief. The country previously exported about 150,000 barrels of oil daily, down from pre-civil war levels of 350,000-400,000 barrels. The upcoming visit by South Sudanese engineers aims to assess the readiness of Sudanese facilities for oil transportation. The resumption of oil exports is crucial for addressing economic pressures stemming from communal violence and reduced revenue since the civil conflict and regional disruptions began.

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