VOL. XLIII

No. 22

29-May-2000

SAUDI ARABIA

Saudi Arabia Appoints IOC Negotiating Team

Saudi Arabia has formed a full-time team to negotiate with international oil companies (IOCs) on the projects to be implemented in the natural gas initiative. Foreign Minister Prince Sa'ud al-Faisal, who led the initial talks with the IOCs (MEES, 1 May), will supervise the negotiations, convey the instructions of the Supreme Council for Petroleum and Mineral Affairs to the team and brief the Council on the...