VOL. XXXII

NO. 45

14-AUGUST-1989

EGYPT

Suez Canal Transits and Revenues Up, Oil Flow Down in 1988

The volume of petroleum passing through the Suez Canal in both directionsfell by 17.17% to 72,930,000 tons in 1988 from 88,040,000 tons in 1987.Northbound petroleum fell by 24.70% to 57,080,000 tons (35,011,000 tons of crudeoil and 22,069,000 tons of petroleum products) in 1988 from 75,794,000 tons(48,756,000 tons of crude oil and 27,038,000 tons of petroleum products) in1987. Saudi Arabia continued...