SAUDI ARABIA

Mobil and Shell to Market Petromin's Share of Products from Saudi Export Refineries 

MEES understands that arrangements have been agreed upon in Saudi Arabia whereby the foreign partners in the Kingdom's two joint-venture export refineries - Mobil and Shell, which each have 50% of the Yanbu' and Jubail plants respectively - will market Petromin's share of products from these refineries for a period of time on a trial basis. As far as pricing is concerned,...