Middle East Economic Survey

VOL. XLIX

No 20

15-May-2006

SAUDI ARABIA

Saudi Aramco Conducting Gas Studies To Firm Up Fresh Exploration Prospects

Saudi Aramco is conducting seismic and other geophysical survey work on acreage across the kingdom, including the Red Sea acreage that originally formed part of the Natural Gas Initiative (NGI), with the aim of firming up exploration prospects, Oil Minister Ali Naimi said on 9 May. Speaking on the sidelines of Euromoneys Saudi Arabia 2006 conference, Mr...