VOL. XL
No. 42
20 October 1997
SAUDI ARABIA
Saudi Arabia May Triple Term Sales To China
Saudi Arabia may triple its term oil sales to China to 60,000 b/d in 1998, followingtalks last week in Beijing between the Saudi Minister of Petroleum and Mineral Resources,Mr. Ali al-Naimi, and Chinese Vice Premier Wu Bangguo. According to the Saudi PressAgency, Mr. Naimi discussed the possibility of "increasing China's imports ofSaudi crude oil in 1998 from 20,000 b/d to 60,000 b/d, in addition to spot...
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