South Sudan Warns Oil Cos Against Working with Sudan

LONDON (Dow Jones Newswires), Dec. 2, 2011

The government of newly independent South Sudan warned foreign oil companies against working with the government in Sudan, the latest sign of heightening tensions over oil between the two neighboring countries.

In response to an announcement by Sudan that it would take 23% of oil revenues from South Sudan for pipeline and transit fees, South Sudan said in a statement Thursday that any foreign oil companies operating in South Sudan shouldn't cooperate with the Sudanese government.

"The government of South Sudan will not tolerate any public or private party operating in South Sudan or providing services to South Sudan to act in any way complicit in the theft of South Sudan's oil," said Stephen Dhieu Dau, South Sudan's minister of petroleum and mining, in a statement.

Copyright (c) 2011 Dow Jones & Company, Inc.

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Kevin | Dec. 4, 2011
Oops, I just gave up a nice job in Norway to come here to South Sudan on a whim that everything was going to get better. Looks like it is riskier than I thought. Thanks a bunch for spoiling my day. Keep up the reports though, I need to see what is happening so I can get a heads up......K


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