NO. 48


Saudi Arabia

Saudi Arabia and Turkey Sign LPG Supply Agreement

Under an agreement signed on 20 August, Saudi Arabia is to supply the TurkishPetroleum Refineries Company (Tupras) with 700,000 tons/year of LPG over thenext five years. In addition Turkey will purchase 250,000 tons of Saudi LPGstarting this September to make up for any supply shortage this year resultingfrom the halt in trade between Turkey and its main LPG suppliers, Iraq andKuwait. Turkey's plans...