NO. 5


Saudi Arabia

Mobil Expects Go Ahead For Luberef 2 Project By End-1993

Mobil has indicated that it would be prepared to go ahead with a project forthe construction of a joint venture base oils refinery at Yanbu' - Luberef 2 -with Saudi Arabia, provided the necessary conditions are met, according to Mr.Allen Murray, Mobil Corporation's Chairman of the Board and Chief Executive.During a recent visit to the Kingdom, Mr. Murray said that the project needsofficial...