VOL. XXXVI

NO. 3

19-OCTOBER-1992

SAUDI ARABIA

No Saudi Decision on Sale of Monthly Iraqi Oil Cargoes

MEES is informed by authoritative Saudi sources that, contrary to a recentreport in the trade press, no decision has been taken by the Saudi authoritiesto sell monthly cargoes of Iraqi oil which has been stored in Saudi Arabia sincethe closure of the Iraqi-Saudi Pipeline (IPSA) shortly after the invasion ofKuwait. It is understood that Saudi Arabia is still considering what steps mightbe taken to...