Tuesday, March 12, 2013

Sudan, South Sudan agree to resume southern oil exports

(Reuters) - Sudan and South Sudan have agreed to order the resumption of the flow of southern oil exports through pipelines in Sudan within two weeks, more than a year after Juba, South Sudan shut down its entire output, a mediator said on Tuesday.

Landlocked South Sudan, which seceded from Sudan in July 2011, shut down its 350,000 barrel-per-day output in January last year in a dispute with Khartoum, Sudan over fees.

Both countries depended heavily on oil for revenue and the foreign

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