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

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To: que seria who wrote (2273)4/11/2001 9:48:37 PM
From: Tomas  Read Replies (3) of 2742
 
que seria: When the Chinese started to construct the pipeline back in 1998, the Sudan People’s Liberation Army (SPLA) said:
"This is an impossible project, not one barrel of oil will be produced, we can halt the oil exports whenever we want to", and so on.

Oil production started in August 1999, and since then the rebels have repeatedly threatened to intensify military activities around the oil fields, launch attacks, stop the petroleum production etc.

But they have neither the firepower nor the unity to do so.
They have threatened to attack foreign oil workers as long as I can remember, but they are unable to get near them.

Last year the SPLA claimed it had forced the government to close many oil wells, "this is the beginning of the end of the squandering of Sudan's economic resources"... etc.

Of course nothing of this was true. The only war they can win is the propaganda war. Unfortunately, many western journalists keep taking the SPLA press releases seriously...

Last year the rebels carried out acts of sabotage against the pipeline 3 times. The attacks caused limited leakage, repairs took no more than 1-2 days.
Oil tankers at the port on the Red Sea were loaded on schedule on all 3 occasions.
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