VOL. XLIV

No. 06

5-February-2001

SAUDI ARABIA

Naimi Highlights Need For MoreTransparency And Better Communications Within Oil Industry

In two addresses to the WorldEconomic Forum in Davos, Saudi Oil Minister Ali al-Naimi has outlined a numberof the challenges facing the international petroleum industry and suggestedsome initiatives to tackle them. In a speech on 29 January, the Saudi ministerhighlighted five challenges that needed to be addressed. First, he said, ourindustry suffers from a lack...