VOL. XXX

NOS. 11/12

22/29-DECEMBER-1986

SAUDI ARABIA

Swedish Firms Seek Markets for 350,000 b/d of Saudi Barter Crude

MEES learns that two Swedish construction firms ABV and Skanska are activelyseeking markets for a substantial volume of Saudi crude oil to be used as ameans of payment in a projected barter deal involving the building ofunderground petroleum product storage in Saudi Arabia.

The Swedish companies have recently been approaching a number ofinternational oil companies with a view to...