NO. 21


Saudi Arabia

Samarec Lines Up 1991 Term Contracts for Naphtha and Fuel Oil

According to MEES information, Saudi Arabia's refining and product marketingcompany Samarec has so far finalized 1991 term supply contracts covering 550,000tons of naphtha and 5mn tons of straight-run fuel oil from the Ras Tanura,Jiddah, Rabigh and Yanbu' (Petromin domestic) refineries. These contracts runfrom 1 January to 31 December 1991.

Meanwhile, negotiations are continuing regarding...