VOL. XXX
NO. 25
30-MARCH-1987
SAUDI ARABIA
Saudi Arabia Reactivates Oil Barter Deals
On another front, MEES learns that strong activity has been resumed asregards the promotion of certain barter deals involving payment in oil for theexecution of major projects in Saudi Arabia. One of these is the huge projectfor the expansion and improvement of mosques in Mecca and Medina for which thesum of SR20bn ($5.3bn) has been allocated; and there are two more, as yetunidentified, oil barter deals which are...
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