VOL. XLV
No 13
1-April-2002
SAUDI ARABIA
Issue Of Profitability Represents Major Difference Over Saudi GasInitiative
Differences over therates of return, and the approach to calculating the profitability of theprojects in the Saudi Gas Initiative, represent one of the major obstacles intalks between the kingdom and the international oil companies (IOCs) in the three consortia, MEES soundingsindicate. Both the Saudi authorities and the IOCshave acknowledged that differences remain. Evidence of...
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