Arabic translation: Apparently an oil industry expression
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11:48 Jan 15, 2002
English to Arabic translations [PRO]
English term or phrase:lifter
plan to cut oil crude quota to major European lifters
"LIFT: To take purchased product by loading it aboard a transportation vessel at the point of production or storage.
LIFTER: A product purchaser who takes (lifts) crude, fuel, or feedstock physically from a producer’s or reseller’s facility. Oil frequently has a buyer and a lifter. The buyer, some times a contract holder, sells his stem to someone else who lifts it from the source."