NO. 24



Tupras Signs Up For Sumed Space

Turkey's Tupras has signed an agreement for the use of Egypt's Sumed pipelineto move its imports of Saudi crude oil from 'Ain Sukhna in the Gulf of Suez toSidi Kerir on the Mediterranean. Tupras's purchases of Saudi crude are currentlyrunning at about 14mn tons a year (280,000 b/d). Tupras is also chartering supertankers to carry the oil from Saudi ports to 'Ain Sukhna, and Turkish-flaggedtankers will pick up the crude at Sidi...