Wednesday, November 23, 2011

Sudan Wants Compensation from South for Oil

One of the main sources of tension between Sudan and South Sudan is oil, and as violence between the two nations continues to rise, so do the arguments over the much coveted resource.  The latest report coming from the region is that Sudan is demanding $15 billion from the South in order to recoup the money that was lost when 75% of the oil production was given to the South when the country split in two earlier this year.  A figure of about $5 billion was recommended by the IMF and African Union, but President Bashir and Sudan are apparently not satisfied with that number.  Instead of allowing these outside parties to become involved, Sudan wants negotiations to occur directly with the South.  Realistically, this means that violence at greater greats is soon to follow.  Splitting in half has left little positive impact for the Sudanese, and uniting in true peace is a concept that still remains unattained.

David

http://www.businessweek.com/news/2011-11-23/sudan-demands-15-billion-in-compensation-for-lost-southern-oil.html

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