Sudanese petroleum ministry announced the resumption of pumping of South Sudan’s oil and exporting through Sudanese ports will take place next week as Khartoum and Juba agreed on US$ 4 in transition fees per barrel.

In a press conference on Sunday in Khartoum, the Sudanese petroleum minister Azhari Abdelghadir said that all arrangements have been finalized to resume pumping and exporting oil from Toma South field after 5 years of forced suspension, indicating that Juba will also pay Khartoum US$ 1.6 per barrel as oil processing fees.

He also revealed that oil production in Toma South field will be at 12000 barrels per day instead of the previous 20000, anticipating that total production from all rehabilitated fields will reach 210 thousands barrel per day towards the end of this year.

It is noteworthy that oil fields in South Sudan used to collectively produce 375 thousands barrel per day before secession from Sudan in 2011.

In the meantime, Sudanese petroleum minister denied claims confirmed by media reports that the Sudanese government reached a final settlement with regard to the Indian company ONCG’s receivables amounting to US$ 100 million, stating that parties agreed on freezing court proceedings, which started in London, until reaching a final settlement agreement.