VOL. XLVII

No 05

2-February-2004

SAUDI ARABIA

Saudi Arabia Awards Upstream Gas Bids For Three Contract Areas To Russias Lukoil, Chinas Sinopec and Eni/Repsol

Concurrently with the awards on 26-28 January of bids for upstream gas exploration and development on three contract areas totalling 120,700 sq km, unofficial MEES translations of regulations and implementation rules for the new Natural Gas Investment Tax (NGIT) relating to the ventures concerned have become available (for full texts see D...