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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (1265)	8/31/1999 5:24:00 AM
From: Tomas	Respond to of 2742

"Sudan is planning to set up monitoring stations along the pipeline" Sudan's President flags off first tanker of Sudanese oil export DPA (German News Agency) August 30 Khartoum (dpa) - Sudanese President Omar Beshir Monday flagged off a Singapore-bound tanker carrying the first consignment of the Sudanese oil export. The ceremony was attended by several invited foreign dignitaries including the presidents of Chad, Idris Deby, and of Central Africa Republic, Felix Patasse. The 600,000 barrels of the Sudanese crude oil had been pumped into reservoirs at Port Beshair on the Red Sea through a pipeline measuring 1610 kilometres from oilfields in southern Sudan and western Kordofan. This first consignment to Singapore has been bought by Shell company. The next consignments will be exported to Korea and China. The sharing of the oil returns between the central government and southern Sudan is one of the points of difference between the southern-based Sudan People's Liberation Army (SPLA) The rebel movement has threatened to disrupt the export of the oil because it argues that the present arrangement will deprive the inhabitants of the production areas of the benefits acruing from the oil. But the government is determined to exploit the oil at all cost. It has deployed a big force in the oil-rich region and is planning to set up monitoring stations along the 1,610-kilometre-long pipelines. sudan.net

To: Tomas who wrote (1265)	8/31/1999 5:35:00 AM
From: Tomas	Read Replies (1) \| Respond to of 2742

Sudan: The state's share in the produced oil will be 40% in the first four years, and will then jump to around 80% of the total production. From Sudan Ministry of External Relations, Daily English News Bulletin, August 29 Secretary General of the Energy and Mining Ministry, Engineer Hassan Mohamed Ali, pointed out that the state's share in the produced oil will be 40% in the first four years, adding that the state share will then jump to around 80% of the total production. Meanwhile, the ministry's Secretary General said that the Ministry of Energy and Mining has set up a number of infrastructural projects toward approaching the era of oil production. He indicated that the Sudanese oil is of high quality.