NO. 16

22 JANUARY 1990

Saudi Arabia

New Saudi Light Crude Reserves May Be As High As 30bn Barrels

Arabia That the new discoveries of light crude oil in Saudi Arabia are hugeand highly significant there is no doubt. To establish just how big they reallyare is the primary focus of exploration efforts in Saudi Arabia at the moment.The feeling in senior Saudi oil circles, MEES learns, is that the threediscoveries made so far in that area may be part of a single giant oilfield with...