VOL. XLIII

No. 25

19-June-2000

Financing Petroleum Development: The Experience Of Saudi Arabia

by Prince Faisal ibn Turki ibn 'Abd al-'Aziz

The following is the text of the speech delivered by Prince Faisal ibn Turki, Advisor at Saudi Arabias Ministry of Petroleum and Mineral Resources, on 13 June, at the 16th World Petroleum Congress, Calgary, Canada.

Issues of financing petroleum development do not arise in a vacuum. They emerge as a result of market developments, as the production of goods and...