NO. 20


Saudi Arabia

Nippon Oil to Double Contract Liftings of Saudi Crude in FY 1990

Japan's Nippon Oil Company will double its term contract liftings of Saudicrude - from 80,000 b/d to 160,000 b/d - for the fiscal year 1990, according tothe Chairman of the company, Mr. Yasuoki Takeuchi. Of Nippon Oil's present80,000 b/d of contract liftings of Saudi crude, 60,000 b/d are effected throughCaltex (with which Nippon Oil is linked in a joint refining venture in Japan),...