Word: gulf
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Dates: during 1970-1979
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More immediate is the promise of oil. Though its proven reserves primarily in western Sinai and offshore in the Gulf of Suez total only 3 billion bbl. (v. 110 billion bbl. for Saudi Arabia), Egypt already produces enough oil to fill its own needs and provide a sizable surplus. This year, the country is again an oil exporter, to the happy tune of $311 million. Sadat predicts that the figure will jump to $1.5 billion by 1980. In addition, Egypt has largely untapped deposits of phosphates and iron...
...would have it, the second ship was Venoil's sister Venpet, traveling in ballast in the opposite direction. Both supertankers had been built at the same yard in Japan at a cost of $28 million each; both were owned by the Bethlehem Steel Corp., and chartered to the Gulf Oil Corp...
Although the area around the tip of South Africa has some of the globe's busiest sea lanes, through which tankers haul about 90% of the oil heading westward from the Persian Gulf, the modern navigation equipment aboard the ships should have prevented the crash. One South African official speculated that the vessels had closed in deliberately to allow their crewmen to exchange greetings. If that was true, he said, the crash of the supertankers was surely "the world's most expensive handshake...
...visits to Damascus and Cairo. His aim was to narrow the distance between Sadat and Syria's President Hafez Assad, but there was no evidence that he had made much progress. Assad was also doing some lobbying. After meeting with Hussein, he flew to Riyadh, Kuwait and other gulf states in an effort to talk them out of giving further support to Sadat...
Charles P. Whitlock, associate dean for special projects, said yesterday that the council may talk with some of the students who participated in a 1972 takeover of Massachusetts Hall in protest of Harvard's investments in the Gulf...