VOL. XXXI

NO. 22

7-MARCH-1988

OIL INDUSTRY REINTEGRATION: GOOD NEWS FOR THE TANKER BUSINESS

By Kevin Shilleto

(Mr. Shilleto, who wrote this article for MEES, is a Director of the Londonshipping consultants Internaft Ltd.)

Reports of Saudi Arabia's planned acquisition of a 50% interest in asubstantial portion of Texaco's downstream US operations following pathfindingforays by Kuwait's KPC and Venezuela's PDV into major and independent marketingstrongholds, is probably the best news for producer...