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


To: Edward M. Zettlemoyer who wrote (511)10/26/1999 9:06:00 AM
From: Tomas  Read Replies (1) | Respond to of 1713
 
Firm's deals in Sudan a concern to Ottawa - Envoy to study Talisman operations in Africa

The Globe and Mail, Tuesday, October 26
JEFF SALLOT
Parliamentary Bureau

Ottawa -- Foreign Affairs Minister Lloyd Axworthy will appoint a
special envoy to investigate allegations that a Canadian oil company is
helping sustain a repressive military regime in Sudan, government
sources say.

The envoy, who could be named as early as today, is to travel to that
strife-torn East African country on a fact-finding mission to look at the
Sudanese operations of Talisman Energy Inc. of Calgary. The envoy
also will consider mediating a peace settlement in the civil war in
which hundreds of thousands have perished.

The federal government has "serious concerns" about Talisman's
operations, an official said.

Mr. Axworthy plans to meet with executives next week to "lay out
our expectations of Talisman's conduct in Sudan," the official added.

Government sources said Mr. Axworthy plans to unveil a code of
ethics for Talisman and other Canadian companies doing business in
Sudan.

Talisman spokesman David Mann said the company is prepared to
sign a voluntary code.

Canadian companies "should not be involved in any kind of support
for human-rights abuses or humanitarian infractions" overseas, Mr.
Axworthy told reporters yesterday. In a recent speech at the United
Nations, Mr. Axworthy denounced the slave trade that still goes on in
parts of Sudan.

The U.S. has been trying to get Canada to enact sanctions against the
Sudanese regime, as it has done. Two years ago, Washington made it
a criminal offence for U.S. companies or individuals to do business
with the regime. The U.S. considers Sudan a state sponsor of
international terrorism.

In Kenya last week, U.S. Secretary of State Madeleine Albright said
she would raise the issue of Talisman's investment in Sudan with
Canadian officials. She said some countries have the mistaken view
that foreign investment in dictatorships will somehow help ordinary
people but that in fact revenues wind up in the pockets of the rulers.

Canadian officials deny that the move is in response to Ms. Albright's
implied criticism of Ottawa's policy. Canada imposed its own limited
sanctions in 1992, cutting off federal assistance to would-be investors
and exporters.



To: Edward M. Zettlemoyer who wrote (511)10/27/1999 2:48:00 AM
From: Tomas  Respond to of 1713
 
SUDAN: Canada to send mission - Financial Times, October 27
By Graham Bowley in Toronto

Canada yesterday said it would consider imposing
"economic and trade restrictions" if it found that private
oil extraction in Sudan involving a Canadian company
was worsening the country's violent civil war. These
could include further measures against the Sudanese
government and possible measures against Canadian
companies, the foreign ministry said.

Lloyd Axworthy, foreign affairs minister, said Canada
would dispatch a mission to Sudan to look into claims of
human rights abuses, including slavery and forced
relocations of villagers from oil fields.

He expressed grave concern about allegations that the
involvement by Talisman Energy, a Calgary-based
company, in an oil project in southern Sudan with the
Sudanese government could be worsening the civil war.

He said he would meet Jim Buckee, president of
Talisman Energy, next week. He had invited the
Sudanese foreign minister and the leader of the
Sudanese rebel movement to talks in Ottawa, he said.

"Canadians want assurances that the operations of
Canadian enterprises are not worsening the conflict or
the human rights situation for the Sudanese people," Mr
Axworthy said.

He said Canada would consider "economic and trade
restrictions" if it became clear that oil extraction was
worsening the Sudan war.

Madeleine Albright, US secretary of state, has criticised
Talisman, the only Canadian company involved in oil
extraction in Sudan, for its stake in the Greater Nile
Petroleum Operating Group.

The US government, US church groups and other critics
fear revenues from the oil consortium could be fuelling
the Sudanese government's campaign against rebels in
the mainly Christian south of the country.