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

To: Edward M. Zettlemoyer who wrote (7833)	2/22/1998 2:40:00 PM
From: Jim Lamb	Read Replies (1) \| Respond to of 9164

-------------------------------------------------------------------------------- News Article by AP on February 22, 1998 at 13:33:28: Sudan signs dlrs 600 million pipeline deal Feb 21, 98 KHARTOUM, Sudan (AP) -- Sudan has signed a dlrs 600 million agreement with four foreign companies to build a 1,600-kilometer (1,000-mile) pipeline that will carry its oil to a Red Sea port, the Sudanese news Agency reported Sunday. Some 150,000 barrels of oil per day are expected to pass through the pipeline from the western Sudanese oil fields of Higlig to Bashair Port, near the Port Sudan on the Red Sea, the Sudan News Agency said. The pipeline will be operational by June 1999. China's CPECC oil company, as well as Argentina's Techint and Britain's Weir and Allan Diesel companies signed the deal with the Sudanese government on Saturday, SUNA said.