CAIRO, March 15 Saudi Arabian state oil company
Aramco will resume oil product shipments to Egypt five months
after suddenly halting them, the Egyptian Petroleum Ministry
said on Wednesday.
The ministry said in a statement it was working out a time
table with Aramco for the resumption of the shipments and that
commercial reasons related to global oil prices and reduced
production were behind the suspension in November.
A $23 billion Saudi aid deal with Egypt had included 700,000
tonnes of refined oil products per month for five years.
(Reporting by Ehab Farouk; Writing by Ahmed Aboulenein; Editing
by Lin Noueihed)