On June 1, the Sudan Tribune reported that Japanese multinational Toyota had accepted an offer to construct an alternative oil pipeline from South Sudan to the Kenyan port of Lamu. The deal was struck between Toyota representatives and South Sudanese President Salva Kiir in Juba, the country’s capital. Though the amount needed to construct the pipeline was not disclosed at the meeting, South Sudanese state-television (SSTV) estimated the cost of the pipeline to be around $4 billion. This is not the first time news has broken about a pipeline from landlocked but oil rich South Sudan to Kenya. In March 2012, heads of state from Kenya, Ethiopia and South Sudan also met to discuss the construction of a Kenyan port and corresponding oil pipeline at a projected cost of $16 billion. A memorandum of understanding (MoU) was signed five months later. To date, however, that agreement has not been implemented.
Posted on: Mon, 10 Jun 2013 14:32:47 +0000
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