SAUDI ARABIA TARGETS 3MN B/D FOR NETBACK SALES

Saudi Arabia's current target for netback-priced crude oil sales deals is 3mn b/d, MEES understands from reliable Saudi sources. Of this, 2mn b/d is designated for westward destinations and Len b/d for Far Eastern markets.

Customers have already been found for a large part of the 2mn b/d earmarked for westbound shipments. (For a list covering 1.7mn b/d see MEES, 23/30 December 1985; to which should be added more recent deals with Enpetrol...