ONASSIS OIL DISPUTE MAY GO TO THE HAGUE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP75-00149R000600090070-3
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: November 16, 2016
• Document Release Date: March 17, 1999
• Sequence Number: 70
• Publication Date: December 16, 1954
• Content Type: NSPR

NEW YORK ILLS DEC 1 6 1454
Approved For Release 2000/05/24: CIA-RDP75-001
NASSIS OIL DISPUTE
MAY GO TO THE HAGUE
CPYRGHT
Aristotle OnasSiS, Greek-born
ship operator, said today that
the International Court of Jus-
tice in The Hague eventually
might have! to rule on the validity
of }?is contract with the Saudi
Arabian Govern ogntfor the ship-
ment of oil.
M. Onassis, who recently re-
turned from Saudi Arabia, said:
"On Jan. 15, the Saudi Arabian
Government and the Arabian-
jAmerican Oil Company are sup?
tposed to name arbitrators who
I will meet as committee and
study the validi y of the contract
which the Saudi Arabian Govern-
ment made with me. If .there is
no agreement, the difference will
be judged by the'Iagu: court."
The Arabian-Aierican Oil Com-
pany (Aramco) announced in
New York Monday that, the ar-
bitration clause of its concession
accord with Saudi Arabia would
be invoked unless a mutually
satisfactory agreement could be
reached.
STATINTL
Approved For Release 2000/05/24: CIA-RDP75-00149R000600090070-3