  We present the results of a 53 ks long Chandra observation of the dipping
source XB 1254--690. During the observation neither bursts or dips were
observed. From the zero-order image we estimated the precise X-ray coordinates
of the source with a 90% uncertainty of 0.6\arcsec. Since the lightcurve did
not show any significant variability, we extracted the spectrum corresponding
to the whole observation. We confirmed the presence of the \ion{Fe}{xxvi}
K$_\alpha$ absorption lines with a larger accuracy with respect to the previous
XMM EPIC pn observation. Assuming that the line width were due to a bulk motion
or a turbulence associated to the coronal activity, we estimate that the lines
were produced in a photoionized absorber between the coronal radius and the
outer edge of the accretion disk.
