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Gold/Mining/Energy : TLM.TSE Talisman Energy

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To: LARRY LARSON who wrote (1105)10/23/2000 9:40:02 PM
From: Tomas  Read Replies (1) of 1713
 
Sudan's oil - Letter to The Economist

SIR-You note correctly that Talisman Energy and our partners in oil development
in Sudan quickly provided emergency help to 50,000 or more displaced people
at Bentiu, and that our company has also provided badly needed wells, roads,
schools and hospitals at many other locations ("Fuelling a fire", September).

However, you conclude that Talisman "is helping the government extract
oil, and oil is paying for the war." This ignores the fact that Sudan's
civil war began in 1956, more than 40 years before oil was developed there
and fails to consider that oil will continue to be produced in Sudan whether
Talisman is involved or not. Many would argue that constructive government
and corporate engagement are a lot more productive than ineffective policies
of isolation.

The oil industry is exploring in all parts of the world because oil supplies
are declining in places where it is easy to do business and we are conscious
of the need to uphold the highest ethical standards wherever we operate.
Talisman adopted our country's International Code of Ethics for Canadian
Business in addition to our own corporate code and our compulsory programme
of human-rights training for every employee. We are also developing tangible,
independently verified ways to practise what is too often only preached.

JIM BUCKEE
President, Talisman Energy
Calgary, Canada
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