VOL. XXXIII

NO. 16

22-JANUARY-1990

Saudi Arabia

No Truth to Stories of Saudi Investment in Japanese DownstreamVentures

MEES learns from authoritative sources that, contrary to widespread mediareports, there is no truth to recent published claims that the JapaneseGovernment has given a go-ahead in principle to Saudi Arabia's acquiring anequity interest in the Japanese oil refining and distribution industry, orthat there are any advanced or even preliminary negotiations currently underwayon this...