VOL. XXXV

NO. 9

2-DECEMBER-1991

Saudi Arabia

Saudi Aramco/Total-CFP Deal Delayed by Competition between FrenchCompanies

The finalization of a deal under which Saudi Aramco will acquire a share inTotal-CFP's downstream marketing outlets in France and elsewhere in Europe isbeing delayed by the strong rivalry between Total-CFP and Elf Aquitaine, according to a report in the London-based Arabic daily al-Hayat on 28 November. Thereport states that while the French Government is likely in the end to...