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

To: Tomas who wrote (507)	10/25/1999 8:53:00 AM
From: Tomas	Read Replies (1) \| Respond to of 1713

Albright slams Canadian investment in Sudan - Globe & Mail, Monday, October 25 NAIROBI -- U.S. Secretary of State Madeleine Albright, on a visit to Kenya, expressed anger Saturday over Canadian investment in neighbouring Sudan, whose government Washington officially condemns. Mrs. Albright said some countries have the mistaken view that foreign investment in countries under what she termed dictatorial rule will help ordinary people. The money often ends up in the pockets of the rulers, she said. Talisman Energy Inc., based in Calgary, has invested $400-million in a 1,600-kilometre pipeline that is expected to permit exploitation of untapped oil reserves. Talisman has a one-quarter share in the pipeline project, which was completed several months ago. The Foreign Affairs Department has discouraged Canadian companies from doing business in Sudan and plans to release a new policy regarding the country this week, a spokesman said in Ottawa. AP