Summary Box: S. Sudan says Sudan stealing oil

AP News
Posted: Jan 17, 2012 12:06 PM
Summary Box: S. Sudan says Sudan stealing oil

OIL THEFT? South Sudan's oil minister accused northern neighbor Sudan of stealing massive amounts of the South's oil. The accusation comes the same day the two sides begin another round of negotiations over their formerly unified oil industry.

DIVERSION: South Sudan's Minister of Petroleum and Mining says Sudan is each day diverting about 120,000 barrels of oil pumped from the south through a recently constructed "tie-in" pipeline. That's nearly 75 percent of the oil of South Sudan being pumped through the line, he said.

STILL GROWING: Despite the difficulties, South Sudan is trying to expand its oil industry. Last week it signed its first post-independence oil deals with the state petroleum companies of China, India and Malaysia.