South Sudan has received over $3.5 billion from the sale of crude oil between June 2013 and May 2014, the country’s oil minister Stephen Dhieu Dau said in a statement made available to Platts in the capital Juba on Sunday. “As from June 2013 to May 2014, South Sudan sold a total of 35.5 million barrels (97,260 b/d) from both Nile and Dar Blends,” Dau said in the statement released on Friday but distributed to journalists later. Of the total sales, South Sudan paid Sudan $857 million for both tariffs and Transitional Financial Arrangements, or TFA, Dau said. South Sudan’s crude oil passes through the two cross-border pipelines in Sudan to facilities near Port Sudan on the Red Sea for export. Dau said the net amount realized by South Sudan — determined after all payments were made to Sudan, and $788 million made for payments or settlement of loans […]