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Gold/Mining/Energy : TLM.TSE Talisman Energy -- Ignore unavailable to you. Want to Upgrade?

To: Marantz who wrote (456)	9/20/1999 5:56:00 PM
From: Tomas	Read Replies (2) \| Respond to of 1713

Explosion ruptures Talisman oil pipeline in Sudan CALGARY, Sept 20 (Reuters) - An explosion on Monday ruptured Talisman Energy Inc.'s new oil pipeline in civil war-torn Sudan, halting crude shipments in an incident the Sudanese government blamed on rebel forces. The official SUNA news agency, in its online edition, said the blast caused ``limited damage' to the just-completed pipeline near the northeastern Sudanese town of Atbara. Calgary-based Talisman, the Canadian oil company that has a 25-percent stake in the 1,500 km (930-mile) line and the producing oil fields in southern Sudan, said it could not confirm the rupture was a result of sabotage. Talisman and its partners, which include the state oil companies of China, Malaysia and Sudan, have been warned in the past by forces opposing the African nation's Islamic government that their oil facilities were potential military targets. No one has yet claimed responsibility for the rupture, however. ``We're still investigating,' Talisman spokesman Dave Mann said. ``The government has described an explosion and we want to make sure that is in fact the case for labeling it something.' In a statement, Talisman described the rupture as ``a minor incident.' Mann said it could be three days before the line, which began oil shipments for export late last month, is repaired. Talisman said oil output from its Heglig field in southern Sudan, which feeds the pipeline, reached a record 136,000 barrels a day on Sunday, and said it expected no disruptions to production or tanker loadings at Port Sudan on the Red Sea. SUNA reported that Sudanese security authorities had found a sign at the rupture site, on which the emblem of a group called the Ummah Liberation Army was marked. Quoting ``a political source,' the news agency said the government held the group responsible, ``condemning such acts as coward ones and targeting the Sudanese nation's capabilities and interests.' The largest and most prominent rebel group in Sudan is the Sudan People's Liberation Army, and it was not immediately known if there was a connection between the two. Sudanese rebel forces have long contended that the government planned to use profits from oil exports to buy military hardware and step up the 16-year-old civil war against the mostly non-Islamic south. biz.yahoo.com