VOL. XXXII

NO. 39

3-JULY-1989

SAUDI ARABIA

Highlights from Saudi Aramco's 1988 Annual Report

The Saudi Arabian Oil Company (Saudi Aramco), which was formally set up inNovember 1988 following the Saudi Council of Ministers' approval of itscharter, in 1988 recorded a 23.5% increase in its crude oil production (forexport and local consumption) to 4,928,100 b/d from 3,991,000 b/d in 1987,according to the company's 1988 Annual Report, which has recently becomeavailable. Recovery of natural gas liquids...