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Technology Stocks : INDONESIA'S PT TELECOM(TLK) -- Ignore unavailable to you. Want to Upgrade?

To: tom who wrote (770)7/10/1998 10:32:00 PM
From: needawin  Respond to of 947
 
Further signs of life: PT Perusahaan Negara announced the completion of a 540 Km gas pipeline to transport gas from South Sumatra to Caltex's Duri steam flood oil field . This field produces 290,000 bbls. of oil per day. The gas will free-up 60,000 bbl per day previously used as fuel for the field. The cost of the line was $590 million - financed by the Asian Development Bank. Caltex is a joint venture 50% owned by Texaco and 50% by Chevron.


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