SAUDI ARABIA

EEC Replies to SABIC Warning Against European Protectionism 

The European Economic Community (EEC) is definitely not considering any protectionist action against Saudi petrochemical products, according to the EEC Director General for Energy Policy, Mr. Christopher Audland. In an interview with OPECNA on 24 January, Mr. Audland said quantitative restrictions against Arab petroleum products had never been contemplated by the EEC which has "a very liberal trading...