VOL. XLIV

No. 18

30-April-2001

SAUDI ARABIA

The Relationship Between The Economy, Energy And The Environment

by Ali al-Naimi

The following is the text of a speech by Ali al-Naimi, Saudi Minister of Petroleum and Mineral Resources, at the Second International Oil summit, sponsored by Institut Francais du Petrole and Petrostrategies and held in Paris on 25 April.

The developments in the world oil market in the past two years and the growing challenges facing the world economy, the energy markets, and...