VOL. XLII

No 43

25-October-1999

SAUDI ARABIA

Saudi Oil Policy: Stability With Strength

by Ali Naimi

There follows the text of a presentation by Saudi ArabiasMinister of Petroleum and Mineral Resources, Mr. Ali Naimi, at the HoustonForum in Houston, Texas, on 20 October.

From time to time, we read and hear comments about SaudiArabias oil policy that do not always reflect the facts. So today I would liketo clarify a few things and to talk about the foundation and goals of our oilpolicy. Within this...