VOL. XLIV

No. 20

14-May-2001

Upstream Negotiations In Middle East/North Africa Slow Down

After a period of high expectations of quick progress, upstream negotiations across the Middle East and North Africa have either slowed down or encountered a variety of delays. Talks on the Saudi Natural Gas Initiative have moved faster than any other program but slower than originally planned. In some cases, the complexity of negotiating long-term deals is taking more time than had been predicted. In...