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

To: Tomas who wrote (2002)	2/1/2001 11:24:16 PM
From: Tomas	Read Replies (1) \| Respond to of 2742

World Bank ready to renew cooperation with Sudan Text of report by Sudanese TV on 31 January The energy and mining minister, Dr Awad Ahmad al-Jaz, has held a meeting with the World Bank delegation which is currently visiting the country in the framework of the bank's initiative to discuss the resources of the states of the Nile Valley basin. The delegation explained the objective of the World Bank which was to rally the Nile valley basin states to adopt a common vision to benefit from their power projects. The delegation expressed interest in renewing cooperation with Sudan by developing new prospects after Sudan had succeeded in its economic policies.

To: Tomas who wrote (2002)	2/8/2001 4:40:18 PM
From: Tomas	Respond to of 2742

China Calls for Lifting of Sanctions on Libya SHANGHAI, Feb 7, 2001 -- (Reuters) China on Wednesday called for the swift removal of sanctions on Libya following the end of the Lockerbie bombing trial. Chinese Foreign Minister Tang Jiaxuan told his Libyan counterpart Mohammed Abderrahmane Chalgam in a telephone conversation on Wednesday that China would work tirelessly to lift the sanctions, Xinhua state news agency reported. Scottish judges last week convicted Libyan intelligence agent Abdel Basset al-Megrahi of the 1988 Pan Am airliner bombing over Scotland in which 270 people were killed. The court cleared his co-accused Al-Amin Khalifa Fahima. Libyan leader Muammar Gaddafi has disputed Megrahi's conviction and called for U.N. sanctions against Libya to be lifted. "The Chinese government has always opposed the frequent choice of sanctions and calls for an early lifting of sanctions on Libya," Xinhua quoted Tang as saying. "China hopes that relevant parties continue to negotiate for an appropriate settlement of the Lockerbie issue as early as possible, and China will work with other members of the international community for a complete lifting of sanctions on Libya," he said. Russia said on Monday the end of the Lockerbie trial opened the way for sanctions against Libya to be dropped. But Britain and the United States have insisted Libya accept responsibility and pay compensation for the bombing before the sanctions, suspended two years ago, can be permanently lifted.

To: Tomas who wrote (2002)	2/8/2001 4:45:46 PM
From: Tomas	Respond to of 2742

Papua New Guinea Waits For Australian Decision On Pipeline Aid Asia Pulse, February 7 PORT MORESBY, Feb 7 Asia Pulse - A decision from the Australia government on whether it will contribute to Papua New Guinea's share of the $US1.5 billion Chevron gas pipeline is expected this month, said PNG Petroleum and Energy Minister Chris Haiveta. Haiveta said the PNG government needed to raise $US540 million to pay for its one-third equity in the project, which would supply natural gas to Queensland from Chevron Niugini's oil and gas fields at Kutubu, Gobe and Hides in Southern Highlands Province. He told the local Post-Courier newspaper that the government had already raised $US100 million from the European Investment Bank but needed another $US350 million. While addressing the annual PNG-Australian mining and petroleum investment conference in Sydney last December, Prime Minister Sir Mekere Morauta said he had written to Prime Minister John Howard seeking financial assistance for PNG's injection of funds. He did not then specify how much the PNG government wanted from Australia. Haiveta said yesterday that there had been some "positive dialogue" between PNG and Australian government officials on the subject in Port Moresby last week. ___________________________________________________ Pressure on Howard to back PNG's $33m loan The Australian Financial Review, February 7 BY ROWAN CALLICK The Australian Government has come under pressure to supply Papua New Guinea (PNG) with a $A300 million loan. The PNG Government plans to use the funds to acquire a stake in a gas pipeline project that will link PNG with Australia. The project will cost an estimated $A6.5 billion. The PNG Government also plans to privatise assets, such as Air Nuigini, in an effort to accelerate the PNG economy. In early February 2001, it is believed that the economy is "struggling" to improve. A business survey by "Insight Papua New Guinea" indicates that 44 per cent of PNG businesses expect conditions to improve late in 2001. Around 40 per cent said that sales would likely continue to fall in the months to follow February.