VOL. XLV

No 7

18 February 2002

SAUDI ARABIA

Naimi SaysTalks Continuing To Resolve Gas Initiative Difference Ahead Of March Deadline

Saudi Oil Minister Ali al-Naimisaid on 12 February that talks were continuing with representatives of internationaloil companies (IOCs) that are members of consortia for the three Core Ventures(CVs) in the kingdoms Natural Gas Initiative to resolve outstanding issues. Atthe same time, he dismissed reports of a crisis in the negotiations. Most ofthe information...