SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tomas who wrote (1464)1/26/2000 10:20:00 PM
From: Tomas  Read Replies (1) of 2742
 
Sudan Raises Oil Production By 12.5% To 180,000 B/d

By Sabrine Hassen LONDON - (Dow Jones), January 26 - Sudan's Energy and Mining
State Minister John Dore told Dow Jones Newswires Wednesday that his country has
increased its daily oil output to 180,000 barrels, from 160,000 barrels.

Sudan, whose oil is produced by a consortium led by Canada's Talisman Energy
Inc. (TLM), aims to produce 200,000 barrels a day before the end of 2000, the
minister said.

Dore also said that security measures would be doubled along the 1,610-kilometer
pipeline to avoid a repeat of bombing incidents last year that briefly
interrupted oil exports.

In September and December, the pipeline which carries Sudan's crude oil from the
interior to Port Sudan for export was attacked, and production disrupted.

Talisman, a Calgary oil and natural gas producer, owns 25% of a large oil
project in Sudan that produces crude oil in southern Sudan and ships it by
pipeline to an export terminal at Port Sudan in the north of the country.

Its partners are China National Petroleum Corp., Malaysia's Petronas (P.PDG) and
the Sudanese state oil company, Sudapet.

The mainly Christian Sudan People's Liberation Army or SPLA is opposed to the
oil project on the grounds that it would help the Islamist-oriented government
to increase military spending.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext