Middle East Economic Survey

VOL. XLVIII

No 14

4-April-2005

SAUDI ARABIA

Saudi Aramco, Indias IOC Sign Technical Accord Focused On Downstream Cooperation

Saudi Aramco and Indian Oil Corporation (IOC) on 30 March signed a Memorandum of Collaboration focused on joint opportunities in the downstream sector (MEES, 24 January). Saudi Aramcos senior vice president of Exploration and Producing ʹAbd Allah al-Saif said the accord, signed in the presence of both countries petroleum ministers, represented a...