VOL. XLV

No 29

22-July-2002

SAUDI ARABIA

Doubts Surround Regional Pipeline Reports

MEES soundings indicate that doubtssurround reports about two proposed regional pipeline projects one to build anew pipeline to transport Saudi oil to Yemeni terminals, and the other toreactivate the Saudi-Jordanian Tapline. YemensCouncil of Ministers approved an agreement in principle on 2 July to allow theSaudi/UAE-owned United Petroleum Investment Company (UPIC), headed by former Jiddah mayor Khalid Ammoudi, to...