Word: sidon
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Lebanese government and good friend of Nasser's, brought a new weapon into the negotiations: a tax decree that abrogated the tax exemption granted I.P.C. (retroactive five years) as well as the exemption for the American-owned Tapline, which carries oil from the Saudi Arabian fields to Sidon. Salam slapped a $13 million tax bill on I.P.C., gave the company until Sept. 29 to pay, under the threat of a heavy fine. Salam had hoped to play off Tapline against I.P.C., offered it a deal. But Tap-line sided with I.P.C., argued that a contract is a contract, that...
...Communists grab Iran, they will get an asset far more valuable than Korea. Through Iran lie Russia's paths to the rest of the Middle East oil: the great fields of Iraq and Arabia, and the Bahrein-Sidon, Kirkuk-Haifa and Kirkuk-Tripoli pipelines (see map). With U.S. encouragement, Western Europe depends more & more on Middle East rather than Western Hemisphere oil. This shift is economically and strategically sensible, provided that the Western powers intend to defend the Middle East. Fact is, however, that they show no serious sign of such an intention. Turkey is the only country...
...swung a Geiger counter over a fat steel pipe, tracing the progress of a radioactive swab inside. Behind the swab pushed a brown tide of oil, bound on a 1,068-mile journey from Arabian-American Oil Co.'s vast Saudi Arabian wells to the Mediterranean port of Sidon, in Lebanon. It was the first oil to pass through the $200 million Trans-Arabian pipeline (known as Tapline), the biggest overseas construction project ever financed by private U.S. capital...
...four giant U.S. oil companies which financed it-Standard Oil Co. (N.J.), Standard of California, the Texas Co. and Socony-Vacuum. It took Hull almost three years to finish Tapline. To throw his line from the oilfields at Abqaiq near the Persian Gulf across four Arab lands to the Sidon terminus, Hull had to organize supply lines halfway around the world...
Short Cut. This week, Arabian oil began filling the 13 huge storage tanks (capacity 188,000 barrels each) at Sidon. Early next month, when the pipeline and storage tanks are completely filled with 7,000,000 barrels of oil (more than all the oil pumped daily from all U.S. wells), tankers will begin loading at Sidon to take the oil to the thirsty refineries of the fighting West...