VOL. XLII

No. 09

1-March-1999

SAUDI ARABIA

Saudi Strategic Oil Product Storage Project Gets Under Way

In a ceremony in Riyadh on 23 February, Saudi Crown Prince'Abd Allah ibn 'Abd al-'Aziz formally opened the first stage of a large-scaleproject for the strategic underground storage of refined petroleum products atvarious locations throughout the Kingdom. The storage facilities are beingconstructed in the form of underground caverns at depths reaching up to 190meters at some places. In the words...