VOL. XLII

No 43

25-October-1999

SAUDI ARABIA/KUWAIT

Japan Proposes DME Petrochemical Venture Utilizing NeutralZone Offshore Gas

The Japanese Government and the majority Japanese-ownedArabian Oil Company (AOC) are proposing to Saudi Arabia and Kuwait the settingup of a petrochemical venture at Khafji utilizing gas resources from AOC痴offshore concession in the Partitioned Neutral Zone (PNZ) as fuel andfeedstock, according to the Tokyo financial daily Nihon Keizai Shimbun. Theproject is being put...