Sudan, South Sudan extend oil deal up to 2022

South Sudanese soldiers stand during President Salva Kiir's visit to an oil refinery in Melut, Upper Nile State, on November 20, 2012. PHOTO | HANNAH MCNEISH | AFP

South Sudan and Sudan have signed an agreement extending the oil deal up to March 2022, state news agency Suna has confirmed.

The agreement, signed in Khartoum on Monday, stipulates that Juba pays $26 for each oil barrel passing through the Sudanese pipeline operator, Petrolines for Crude Oil Ltd and $24.1 for each oil barrel transported through Bashayer Pipeline Company.