VOL. XXXVIII

NO. 47

21-AUGUST-1995

Sudan

Controversy Surrounds Arakis' Sudan Venture

There has been considerable speculation recently in the financial and oilmarkets concerning the announcement by the Vancouver-based Arakis EnergyCorporation that it will go ahead with the development of the Heglig and Unityoil fields in southern Sudan and construct a 950-mile export pipeline to the RedSea funded by the Saudi-owned Arab Group International (AGI). This speculationhas been fueled by conflicting...