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

To: D.J.Smyth who wrote (7842)	2/24/1998 7:02:00 PM
From: Jim Lamb	Read Replies (2) \| Respond to of 9164

HALALUYA! Correct me if I'm wrong,are there not companies from the following countries involved in this project.Canada,China, Malaysia,Great Britian,Germany, Sudan,Argentina.And in a way Sweden.There a hundreds of millions of dollars invested and hundreds if not thousands of people working to put in this pipeline. This idea that only the company from Canada will be kicked out seems very remote to me.So what if they protected their interests with armed guards.If Arakis gets singled out and someone tries to throw them out it will slow down and possibly stop the entire project.It is just in no ones best interest to do this.Sudans government is obviously run by a bunch of buffoons with their heads up their ...,it's just part of the overall investment scenario we have to deal with in a high risk investment like AKSEF. Jim Economic cooperation between Sudan and China Sudan, ANEWS Economics, 2/24/98 Sudan and China signed an agreement for economic cooperation yesterday, meanwhile the Sudanese capital is witnessing intensive diplomatic efforts aimed at enhancing Khartoum's foreign relations in general. The head of the Chinese delegation said the Chinese government is interested in developing commercial ties between the two countries and increasing investment opportunities, clarifying that the Chinese investment in Sudan reached $2 billion, as China is currently establishing an oil refinery in El-Khartoum. The Chinese delegation is expected to arrive in Khartoum on Wednesday for a three-day visit, headed by the Chinese minister for foreign affairs. Mostafa Osman, the Sudanese foreign minister, stated that the coming period will view similar visits by officials from other countries, including a visit from a European delegation next month and a possible visit by the state minister of the Russian Foreign Ministry.