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| Arabia |
| Supply of Free Crude to Pakistan Reduced |
| 2003-07-17 |
| Saudi Arabia has reduced its supply of free crude to Pakistan under a facility Islamabad has been enjoying since 1998, a senior Pakistan official told Dow Jones Newswires yesterday. Abdullah Yousaf, secretary of the Ministry of Petroleum & Natural Resources, said Saudi Arabia would provide 60,000 barrels a day of free crude in 2003, down from 80,000 b/d last year. The reduction is due to Pakistan’s improving financial situation, and comes as part of an annual review, Yousaf said. Hummm, I’d say it’s due to Saudi beginning to have a cash flow problem of it’s own. Either that, or they are puting the screws to Perv for helping the US. |
| Posted by:Steve |
| #1 |
| Posted by: Alaska Paul 2003-7-17 4:20:42 PM |