The rupture of the oil pipeline threatens to cause Sudan to lose $300 million annually

Sudan Events – Rehab Abdullah

The economic expert, Dr. Haitham Fathi, said that the cessation of oil exports through Sudanese ports had a negative impact on the Sudanese economy, in the sense that there is an agreement with the state of South Sudan that includes fees for transporting oil, indicating that Sudan has been harmed through the loss of revenues from annual transportation through the line amounting to about 300 million dollars annually, adding that there is a risk that the oil transport lines will be damaged to the rest of the transport lines, and he pointed out that the flow of crude oil from the production areas to the export ports is governed by international agreements, and it is in the highest interest of Sudan.
Fathi stressed that the stoppage has a greater impact on the economy of South Sudan, especially with the decline in oil production from 350,000 barrels per day to less than 150,000 barrels due to conflicts and wars in the south, adding that
The oil outage in South Sudan has an additional impact on China’s oil imports, as it is the largest oil consumer, obtaining 66% of Juba’s oil exports.