Canada opts not to sanction Talisman operations in Sudan

The Canadian government will not impose sanctions on the operations of Calgary-based Talisman Energy Inc. in a major Sudan oil project.Canadian Foreign Affairs Minister Lloyd Axworthy announced several diplomatic initiatives, including use of Canada's presidency of the United Nations Security Council in April, to try to deal with the human impact of a long-running civil war. Talisman said it welcomed Ottawa's decision not to impose economic sanctions in the Sudan situation."Renewed Canadian commitment to Sudan and the removal of the threat of sanctions are certainly good news for our company and the people of Sudan," said Talisman CEO Jim Buckee."We endorse Minister Axworthy's...

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