VOL. XLVII

No 09

01-March-2004

SAUDI ARABIA

Saudi Aramco Vs Simmons: The Debate Over Saudi Reserves 

Saudi Aramco, at a presentation in Washington last week, took to task speculative reports about the future of Saudi oil reserves in an unprecedented presentation detailing the company’s oil operations. Company officials denounced as factually incorrect its chief critic’s arguments that the kingdom’s oil reserves could precipitously decline going forward. MEES...