VOL. XLII
No. 07
15-February-1999
SAUDI ARABIA
Naimi Stresses Saudi Arabias Oil/Gas InvestmentPriorities Are To Develop Industrial Base Not To Expand Upstream Capacity
In various statements and press briefings in Riyadh on theoccasion of the recent visit to Saudi Arabia by US Energy Secretary BillRichardson on 5-7 February (for full texts see D Section), Saudi Oil MinisterAli Naimi made it clear that what the Kingdom wants in terms of the oil and gasinvestment proposals currently being put...
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