Saudi Aramco's Marketing - Focus On East Of Suez Markets.

APS Review Gas Market Trends | October 29, 2001 | Copyright

With the exception of OECD Pacific states, oil in east of Suez markets is still not heavily taxed. The benefits of relatively cheap crudes or oil products reaching these markets are felt quickly by the consumers. This is unlike the situation in the OECD region, where the governments tax away any major fall in oil prices, be that for revenue or for environmental reasons.

However, Saudi Aramco's long-term plan to expand its market shares east of Suez is offset somewhat by the short-term pricing measures of its international sales unit. Two of these measures have had ...

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