VOL. XXXVI

NO. 7

16-NOVEMBER-1992

SAUDI ARABIA

Saudi Arabia Will Refine 8mn Barrels of Seized Iraqi Crude

MEES understands from industry sources that Saudi Arabia has taken some 8mnbarrels of Iraqi crude from storage tanks at the Mu'ajjiz terminal on the RedSea and transported it to its own domestic refineries for processing. Mu'ajjizis the loading terminal for the Iraq-Saudi Arabia (IPSA) pipeline system whichhas been disused since the Iraqi invasion of Kuwait in August 1990. The8mn-barrel volume...