Silicon Investor (SI) -- The First Internet Community

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) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (1165)	6/30/1999 3:31:00 PM
From: Tomas	Read Replies (3) \| Respond to of 2742

Sudan: Khartoum, June 30 (SUNA)- Energy and Mining Minister Dr. Awad Al-Jaz commended the efforts being exerted by the Chinese companies operating in the Sudanese petroleum project. Receiving in his office Tuesday the visiting Chinese Minister of Lands and Natural Resources, Dr. Al-Jaz affirmed that the Chinese companies would be given priority in Sudan's projects of utilizing its diversified resources, specially in the energy and mining fields. The Chinese Minister, for his part, commended the progressive relations linking the Sudan and China and affirmed his country's keenness on promoting them further. He pointed out that the success of the Sudanese petroleum project is considered as an incarnation of the cooperation relations between the two countries. Meanwhile, Dr. Al-Jaz also received Tuesday the visiting Iraqi Oil Minister, Amir Al-Rasheed. Dr. Al-Jaz reiterated Sudan support to Iraq, hailing the Iraqi steadfastness in the face of unjust aggression. In the meantime, the Chinese and the Iraqi ministers, accompanied by Dr. Al-Jaz, paid a visit to Khartoum Oil Refinery project at Al-Gaili area. _____________________________________________ BBC June 30: Bashir calls for peace with enemies ... A $1.4 billion oil project set to begin exports in July is also meant to improve Sudan's investment profile and boost the country's struggling economy. But Sudanese opposition groups say the political changes have not loosened the government's grip on power. They also worry that any oil money will be used to strengthen Khartoum's hand in the country's civil war, which is fought mostly by African rebels in the south against the Arab authorities in the north. The government has stepped up efforts to reconcile with dissident Arab politicians who are allied with the southern rebels. ... news.bbc.co.uk