VOL. XLV
No 47
25-November-2002
SAUDI ARABIA
Saudi Arabia Unhappy With Latest Gas Initiative Responses, Sets Year-End Deadline
Saudi Arabia is unhappy with the latest responses from international oil companies (IOCs) involved in negotiating the three core ventures (CVs) of the kingdoms $25bn Gas Initiative. The response from Shell, lead-IOC for CV3, fell below Saudi expectations, according to a report in al-Hayat on 20 November. Saudi sources cited in a Reuters report the same day described Shell...
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