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

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To: Edward M. Zettlemoyer who wrote (1714)6/14/2000 6:07:00 PM
From: Tomas  Read Replies (1) of 2742
 
American Company Expresses Desire To Invest In Sudan

Khartoum, June 14 (SUNA)- The American Fentress-Brad-Burn Company expressed desire to invest in the Sudan, particularly in the investment projects of the Ministry of Energy and Mining.

This came when the Minister of Energy and Mining, Dr. Awad Ahmed Al-Jaz, received a delegation from the American company Tuesday.

The meeting discussed the vast potentials of the Sudan: oil, minerals and electricity, which avail all the local, regional and international companies with investment opportunities according to the flexible Investment Act.

The Minister welcomed the delegation of the American company and expressed readiness to provide it will all the necessary information in order to decide on the field in which they wish to invest in.

Meanwhile, the Minister met a delegation of Petropol Investment Company, which has arrived in the Sudan recently to search the possibilities of investment in the domain of power and mining.

The Minister welcomed the delegation, affirming that Sudan welcome all investors provided that they respect the sovereignty of the state.
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