PIPELINE
DAMASC’S.— The Syrian Govenment has published lie terms of a conceson under which the Americanowned 'fails- Arabian • Pipeline Gmpany will build an 800-mile oil pipeline from Saudi Arabia across Syria and Lebanon. , The concession . involves the. expenditure | of' £lo.ooodpo a.year by the which will syfrreicfeE, 80 percent of sum to the Syrian fortign exchange controller.! Syria has power to jlemand payment in dollars. It is generally expected thi the Chamber of Deputies will approve tie concession next week 0 0* 1
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Bibliographic details
Northern Advocate, 18 February 1949, Page 7
Word Count
82PIPELINE Northern Advocate, 18 February 1949, Page 7
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