No 43


Inviting Bids Is Option If Talks On Gas Initiative In Current Shape Fail, Says Naimi

The Saudi government has a number of options including the invitation of bids for the projects if current negotiations with international oil companies (IOCs) over the proposed Natural Gas Initiative fail, according to Oil Minister Ali al-Naimi, answering questions while chairing a session at theFuture Vision for the Saudi Economy conference in Riyadh on 22 October. This is the...