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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?


To: J. M. Burr who wrote (7476)12/18/1997 8:12:00 PM
From: Tomas  Read Replies (1) | Respond to of 9164
 
<<I would also love to have the Lundin reaction>>
I asked him today at Sands' general meeting in Stockholm. He didn't know about the Russians, he still thought the Chinese were to build the pipeline. I'm not sure whether he believed me or not when I told him about the AFP news release. He also said he expects Sudan to export 500.000-700.000 bopd some time during the next decade. This pipeline will have a capacity of "more than 250.000, less than 300.000 bopd". Instead of (or besides) expanding it to 400.000+ bopd at a later stage, they will probably have to build a second pipeline alongside this first one. Two smaller pipelines is preferable to one big because of the high percentage of paraffin in Sudanese oil.