XN000022-1974-05-23 — Page 2

THURSDAY, MAY 23, 1974

SAUDI ARABIA AGREES TO INCREASE OIL SUPPLIES TO H.K.

LIGHTING RESTRICTIONS LIFTED

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THE CHAIRMAN OF THE OIL POLICY COMMITTEE, MR. DEREK JONES, ANNOUNCED TODAY CTHURSDAY) THAT EFFORTS BY THE KONG KONG AND BRITISH GOVERNMENTS TO OBTAIN MORE OIL FOR HONG KONG FROM THE MIDDLE EAST HAVE PROVED SUCCESSFUL.

+WE HAVE JUST RECEIVED CONFIRMATION THAT THE SAUDI ARABIAN AUTHORITIES HAVE AGREED TO INCREASE OUR SUPPLIES WHICH WE ESTIMATE WILL NOW BE SUFFICIENT TO MEET NORMAL DEMANDS.+

MR. JONES SAID THAT THIS WAS VERY HEARTENING NEWS AFTER

A NUMBER OF WORRYING MONTHS. +AS UE HAVE SAID THAT WE WOULD NOT MAINTAIN MANDATORY LIGHTING RESTRICTIONS LONGER THAN NECESSARY IT HAS BEEN DECIDED THAT ALL THE RESTRICTIONS SHOULD NOW BE LIFTED, HE ADDED.

+THE EMERGENCY ADVERTISING, DISPLAY AND FLOODLIGHTING RESTRICTION WILL THEREFORE DE REVOKED AT MIDNIGHT TONIGHT+, MR. JONES SAID.

HE ALSO ANNOUNCED THAT THE PUBLICITY DRIVE URGING THE PUBLIC TO VOLUNTARILY REDUCE THEIR ELECTRICITY CONSUMPTION WILL NOT BE CONTINUED.

COMMENTING ON THE RESPONSE BY THE PUBLIC TO THE GOVERNMENT CAMPAIGNS TO SAVE FUEĽ MR. JONES SAID; + WOULD LIKE TO THANK ALL THOSE IN THE COMUNITY WHO HAVE GIVEN TIZIR SUPPORT IN KELPING MOLG KONG TO SALI FUEL. THEIR CO-OPERATION HIS ENABLED US T. GO? ↑ ROUGH VIAT (JULD HAVE BEEN A VERY DIFFICULT PERIOD DITH A À MI UN OF 1 HIUNGE AND WITHOUT SERIOUSLY AFFECTING

C. THE ECONJHY.>

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