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

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To: Tomas who wrote (2077)	2/27/2001 9:15:50 AM
From: Tomas	Read Replies (2) of 2742

Australia gives strong backing to PNG pipeline World News from Radio Australia, February 26 Australia's Foreign Minister Alexander Downer says Australia will do its best to ensure that a proposed gas pipeline between Papua New Guinea and the state of Queensland goes ahead. The pipeline will be a key issue under discussion at the 13th Papua New Guinea/Australia Ministerial Forum in Canberra today. The P-N-G government has asked Australia for a loan of 382 million dollars to finance its shareholding in the 8.6 billion dollar project. Mr Downer says Australia is considering the request. abc.net.au

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