No. 14



Saudi Private Company To Study Refinery Project In Bahrain

The Bahraini Ministry of Oil and Industry on 31 March issued a license to a privateSaudi firm, Petroma Refining and Marketing Company, to establish a company in Bahrain forthe purpose of setting up a private refinery project on the Island. Petroma is based inJiddah and owned by Prince Abd al-Aziz ibn Mishal ibn Abd al-Aziz of Saudi Arabia. MEESunderstands that a feasibility study for the project will...