VOL. XXXVI

NO. 28

12-APRIL-1993

OIL TAXES

Saudi Economist Says Producing States Seriously Studying Options ToCounter New Taxes

The planned taxes on oil in the industrial states represent not only anattempt by these countries to collect more revenue but also a deliberate act ofdiscrimination against oil as an energy source, according to Dr. Muhammad S. al-Sabban, a Saudi economic advisor, in an article published in the Arabic-languageLondon-daily Ash Sharq al-Awsat on 10 April. Dr. Sabban stated...