Amum: Sudan’s Control over oil has ended Sunday, 15 January 2012 20:02 South Sudan >>> .The Sudan People's Liberation Movement (SPLM) Party Secretary General, Pagan Amum, says Sudan's control of the oil resources of South Sudan ended last week.
Speaking to journalists on Sunday at SPLM Headquarters in Juba, Amum said signing new agreements with six foreign companies on Friday ended Sudan's control. "Legally and formally the oil industry in former Sudan is separated. Now with the signing of these contracts, the control of Khartoum over the oil industry in South Sudan has come to an end," Amum said. "The companies have legal obligations and responsibility to the government of South Sudan. The government of the Republic of South Sudan is the sole authority to grant permission for these companies to operate in South Sudan," the SPLM party boss added. Amum pledged the SPLM government's commitment to use the oil resources to deliver services for South Sudanese and future generations. "The government of the Republic of South Sudan is mandated to put aside a certain percent of the oil resources for the future generation. The present generation can not use the oil resources only for themselves". Pagan added that the oil revenues will also be used to develop other sectors of the economy to create sustainable and strong economy South Sudan. At least 98% of the new country's revenue comes from the oil industry. -- You received this message because you are subscribed to the Google Groups "South Sudan Info - The Kob" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/SouthSudanKob?hl=en.
