VOL. XLV

No 38

23-September-2002

SAUDI ARABIA

Raymond Holds Talks With Prince Sa'ud As IOCs Prepare GasInitiative Response

The Chairman of the MinisterialNegotiating Committee for the Saudi Natural Gas Initiative and ForeignMinister, Prince Sa'ud al-Faisal, held talks in NewYork on 16 September with Lee Raymond, CEO of ExxonMobil,the lead company in Core Ventures (CVs) 1 and 2. A brief statement on the Saudi Press Agency said only that thetwo men discussed subjects related to investments in the...