VOL. XXXV

NO. 20

17-FEBRUARY-1992

Saudi Arabia

Saudi Aramco/ENI Downstream Deal still under Discussion

The Chairman of the Italian state-owned group Ente Nazionale Idrocarburi (ENI),Mr. G. Cagliari, has disclosed that the current negotiations between his companyand Saudi Aramco on a possible downstream deal have not crystalized intoconcrete plans yet, although the opportunity for joint venture cooperationbetween the two companies exists. Mr. Cagliari told the press in Riyadh thatcontacts between...