Source Pravda.Ru

Total Takes Operatorship Of Basilicata Oil Field

TotalFinaElf has recently become the operator of the Tempa Rossa oil field, located in the Basilicata region of southern Italy. The development of this field should be launched next year with first production expected in 2006.

Tempa Rossa will reach a production plateau of 50,000 barrels of oil per day. Oil production will be transported by pipeline to a refinery on the Italian coast at Taranto, from where it will be exported.

TotalFinaElf, which has recently purchased Eni's 25% interest in the Gorgoglione Concession, in which the Tempa Rossa field is located, now owns a 50% share in this Concession. Its partners are Enterprise Oil Italiana (25%) and Mobil Oil Italiana (25%).

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Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
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