VOL. XXXI
NO. 2
19-OCTOBER-1987
SAUDI ARABIA
Reports of Possible Saudi Acquisition of 49% Stake in Exxon's EuropeanOperations Lack Substance
According to MEES soundings, there appears to be little or no substance inlast week's media reports about serious negotiations between Saudi Arabia andExxon regarding acquisition by the Kingdom of a 49% stake in the company'sdownstream refining and marketing operations in Europe.
It is true that, at a meeting with representatives of the four Aramcocompanies in...
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