VOL. XLV

No 40

7-October-2002

SAUDI ARABIA

IOCs In Gas Initiative Continue Work On Response ToMinisterial Committee

The lead international oilcompanies (IOCs) in the Core Ventures (CVs) in theSaudi Natural Gas Initiative are continuing to prepare their responses to theoffers that were contained in letters sent to them on 5 September (MEES, 16 September). MEES understands that the two leadcompanies, ExxonMobil and Shell, will present theirresponse in November. It is likely that the IOCs will...