Lundin Oil (LOILY, LOILB Sweden) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: virginijus poshkus who wrote (2275)	4/12/2001 7:24:08 AM
From: Tomas	of 2742

Lundin Oil supported by South Sudan Relief Agency (SSRA) Finanstidningen (Sweden), April 11 Lundin Oil, the Swedish oil company, has recently been subjected to fierce criticism for its activities in Sudan, a country in a state of civil war. However, Lundin Oil is now being supported by South Sudan Relief Agency (SSRA), the South-African based aid organisation, which claims that a major part of the information spread in the Swedish media is wrong. The organisation, which is politically independent, wrote that although oil exploitation adds a new element to the conflict, the presence of companies like Talisman Energy of Canada and Lundin Oil has been positive for people in southern Sudan. SSRA stated that oil companies have contributed with subsidies and aid for the construction of schools, hospitals and water purification systems. It furthermore claims that a withdrawal from the area would not stop money being injected to the government in Khartoum, but would instead lead to a more dominant position for the government-controlled Chinese oil company.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next