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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Tomas who wrote (1265)8/31/1999 5:24:00 AM
From: Tomas   of 2742
 
"Sudan is planning to set up monitoring stations along the pipeline"

Sudan's President flags off first tanker of Sudanese oil export
DPA (German News Agency) August 30

Khartoum (dpa) - Sudanese President Omar Beshir Monday flagged off
a Singapore-bound tanker carrying the first consignment of the
Sudanese oil export.

The ceremony was attended by several invited foreign dignitaries
including the presidents of Chad, Idris Deby, and of Central Africa
Republic, Felix Patasse.

The 600,000 barrels of the Sudanese crude oil had been pumped into
reservoirs at Port Beshair on the Red Sea through a pipeline measuring
1610 kilometres from oilfields in southern Sudan and western Kordofan.

This first consignment to Singapore has been bought by Shell
company. The next consignments will be exported to Korea and China.

The sharing of the oil returns between the central government and
southern Sudan is one of the points of difference between the
southern-based Sudan People's Liberation Army (SPLA)

The rebel movement has threatened to disrupt the export of the oil
because it argues that the present arrangement will deprive the
inhabitants of the production areas of the benefits acruing from the
oil.

But the government is determined to exploit the oil at all cost. It
has deployed a big force in the oil-rich region and is planning to set
up monitoring stations along the 1,610-kilometre-long pipelines.

sudan.net
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