VOL. XLVI

No 3

20-January-2003

SAUDI ARABIA

Pakistan Seeks Extension Of Saudi Deferred Payment Crude Import Deal

Pakistan is negotiating with Saudi Arabia for a one-year extension of a deal under which it has been receiving 80,000-100,000 b/d of Saudi crude on deferred payment terms. An oil ministry official in Islamabad said on 8 January that a Pakistani delegation would shortly hold talks in the kingdom to finalize the extension of the deal, which began in 1998. The deferred payment facility...