VOL. XXXII
NO. 21
27-FEBRUARY-1989
SAUDI ARABIA
Saudi Statement on Formation of Samarec
The following announcement has been made regarding the formation of SaudiArabia's new marketing and refining company Samarec (see MEES, 30 January):
"On 17 December 1988, the Board of Petromin authorized the formation ofa new company, the Saudi Arabian Marketing and Refining Company (Samarec), tomanage all of the refining, distribution and marketing activities previouslyundertaken by Petromin and its...
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