VOL. XXXVI

NO. 34

24-MAY-1993

SAUDI ARABIA

NSC To Venture Into Crude/Product Transport Soon

The National Shipping Company (NSC) of Saudi Arabia is planning to enter thebusiness of transporting crude oil, refined products and natural gas in the nextfew months, according to the company's Chairman, Mr. Salih al-Na'im. Addressinga shareholders' meeting last week, Mr. Na'im said that NSC would either go fornewbuildings or purchase tankers, adding that Saudi Aramco and Samarecrepresented potential big...