VOL. XXXVI

NO. 40

5-JULY-1993

SAUDI ARABIA

Saudi Aramco Takes Over Petromin's Operations

Following the dissolution on 14 June of the Saudi Arabian Marketing andRefining Company (Samarec), the state refining and product marketingorganization (MEES, 21 June), and the taking over of its assets and operationsby the Saudi Arabian Oil Company (Saudi Aramco), King Fahd of Saudi Arabia on 1July issued a Royal Decree merging all refineries and oil products distributionfacilities, and the rights of the...