Middle East Economic Survey

VOL. LII

No 8

23-Feb-2009

SAUDI ARABIA

Jadwa Investment Warns That Saudi Crude Cutbacks Jeopardize Domestic Gas Supplies

Saudi Arabias Jadwa Investment has warned that reductions made in the countrys oil production, which are designed to stimulate oil prices, have reached a level at which gas supply (the bulk of which is produced as a by-product of oil production) is close to falling below domestic demand. Writing in the February edition of the companys Monthly Bulletin,...