South Sudan is set to make 300 million US dollars from the sale of 6.4 million barrels of oil crude before shutting down its entire production by the end of July.
Khartoum said it would stop exporting South Sudan’s crude by August 7 accusing Juba of supporting the Sudanese armed opposition.
Oil minister Stephen Dhieu Dau told Reuters on Saturday that the country had sold one million barrels of crude in June and had contracts for sales of 2.2 million in July and 3.2 million in August.
He said ‘there is enough crude in the pipeline to meet this.’
Mr Dhieu noted that the oil shutdown ordered by Khartoum will have a negative impact on both countries.
He added that since the oil started flowing again until the shutdown Sudan will get pipeline fees of around 100 million dollars.
Mr Dhieu said on Friday that the Sudanese Minister announced he would be visiting Juba in the coming days.
South Sudan was producing 200 thousand barrels of oil per day before started a gradual shutdown. By Monday, the production was halved.