VOL. XLIV

No. 22

28 May 2001

SAUDI ARABIA

IOCs To Sign Preparatory Agreements For Gas Initiative On 3 June

The seven international oil companies (IOCs) selected to be members of consortia for the three Core Ventures (CVs) in the Saudi Natural Gas Initiative have been responding to the Preparatory Agreements that they received from the Ministerial Committee, headed by Foreign Minister Prince Sa'ud al-Faisal, on 18 May (MEES, 21 May). The IOCs expect all clarifications to be complete in time for a...