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Trafigura and South Sudan agree oil export deal

2013-03-27 18:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The oil trader Trafigura has signed an export agreement with South Sudan, which is preparing to resume output after a gap of more than a year. The deal is a coup for Trafigura, a dealer in Sudanese oil long before the nation split. Until late last year the firm was embroiled in a legal dispute over a cargo of oil that South Sudan claimed was stolen by its northern neighbour. The Switzerland-based firm, which corporate filings show gets nearly 30% of its oil turnover from Africa, is the world's...

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