VOL. XXXVI

NO. 30

26-APRIL-1993

SAUDI ARABIA

Saudi Oil Ministry Denies Reports Of Overproduction

Saudi Arabia's Oil Ministry has strongly denied a recent PIW report to theeffect that Saudi wellhead production amounted to 8.3mn b/d in March. The textof the Saudi statement, as carried in English by the official Saudi PressAgency, was as follows:

"An official source from the Ministry of Petroleum and Mineral Resourcessaid that the report which was circulated by Petroleum Intelligence Weekly (PIW),on...