Sudan Rivals ‘To Resume Pumping Oil’

South Sudan and Sudan have agreed to resume pumping oil after a bitter dispute over fees which saw production shut down more than a year ago.

The South, which seceded from the rest of Sudan in 2011, will begin oil production again by 24 March, under the deal negotiated in Ethiopia.

Both states rely heavily on oil, which is pumped from the South through Sudan’s pipelines for export.

They also agreed to withdraw troops from their border area.

A demilitarized buffer zone is to be set up, with the intention of improving security.

Trade deals and a committee to agree on the disputed border were also discussed in the Ethiopian capital, Addis Ababa.

BBC

Posted by Editor on March 12, 2013. Filed under AFRICA. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry