NO. 43


Saudi Arabia

South Korea Approves Restructured Saudi/Ssangyong Joint Venture

The South Korean Government has now given its formal approval, through theForeign Capital Project Review Committee, to a restructured joint refiningventure between the Saudi Arabian national company Saudi Aramco and the SouthKorean firm Ssangyong. Under the venture approved by the South KoreanGovernment, which MEES understands is also to the satisfaction of the SaudiGovernment, Saudi Aramco...