VOL. XLIII

No. 50

11-December-2000

SAUDI ARABIA

Saudi Arabia Designates Three Core Ventures For Bidding By IOCs In Natural Gas Initiative

Saudi Arabia has taken a significant step forward in the advancement of its Natural Gas Initiative with the designation of three Core Ventures on which 10 international oil companies (IOCs) have been invited to express interest in submitting bids. Letters and accompanying documentation were sent to the companies concerned by the Chairman of Saudi Arabias...