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

To: Tomas who wrote (1980)	1/9/2001 10:40:39 PM
From: Tomas	Read Replies (2) \| Respond to of 2742

Power deals fuel PNG gas hopes - The Australian Financial Review, January 8 BY GARRY WEST The next step in the proposed Papua New Guinea-Queensland gas pipeline project could occur in February 2001. The project director, John Powell, of Chevron said on 5 January 2001 he hopes Queensland Government power suppliers, Energex, Ergon Energy and Tarong Energy, will finalise three months of negotiations by signing to take the Papua New Guinea (PNG) gas during the month. If a deal is clinched, it will coincide with talks between the Australian and PNG Governments on the funding of PNG's interest in the project's infrastructure.

To: Tomas who wrote (1980)	2/1/2001 11:20:06 PM
From: Tomas	Read Replies (3) \| Respond to of 2742

PNG: Gas project wants poll position The Australian, February 1 BY NIGEL WILSON The Queensland election is delaying completion of sales contracts for the proposed Papua New Guinea (PNG) gas pipeline. The $A3.5bn project will provide a link between Queensland and PNG. Chevron spokesman, John Powell, says that the new Queensland Government will have to act promptly after the election in order to finalise gas sales contracts between the project's partners and Queensland's energy suppliers. The latter include Energex, Ergon Energy and Tarrong Power. The pipeline project has been delayed due to the 2000 merger between Exxon and Mobil, and more recently by the State election, which will be held on 17 February 2001.