Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Sunday, January 29, 2012

South Sudan shuts oil output amid export row with Sudan

South Sudan, the newly independent country, announced that it has shut down its vital oil production industry. The country whose pertrodollar accounts for 98 percent of its budget, in facts, relies on Sudan's infrastructure to export its oil. The two countries have failed on negotiating the fees as well as other issues relating to military. They accused each other of backing militia groups. Tanke carrying the southern oil were seized in Sudan because of unpaid transit fees. On the other hand, South Sudan accused that gesture as stealing its oil worth $815m in total. Moreover, Prime Minister Dhieu Dau of South Sudan urges any deals to regard the disputed region of Abyei, and requires Sudan to "stop sponsoring militias in South Sudan."

The international committees, especially African leaders, are strongly advised to play a more significant role in resolving these regional issues. No one wants to see another crisis sparked over oil row since independence between the two countries set lights just a few months ago after decades of civil war.

http://www.bbc.co.uk/news/world-africa-16781592



Yen Do

Sunday, September 27, 2009

Nigerians Angered over China Deaths


The Nigerian government has been asked to investigate illegal inhabitance of Chinese in Nigeria. They are also asked to reject a request by the Chinese to cremate the bodies of thirty Nigerian prisoners in China. There are currently aobut 700 Nigerians in the Chinese prison system on mostly immigration, drug and fraud charges. Trade between China and Nigeria has been growing especially since the Chinese president secured four oil drilling licenses in exchange for $4 billion in oil and infrastructure projects.

Aminat T. Odunewu