VOL. XXXIX

No. 6

11-November-1995

SAUDI ARABIA

Saudi Arabian Oil And Mining Policy

by Ali al-Naimi

The following is the text of an address delivered by Mr. Ali al-Naimi, the Saudi Minister of Petroleum and Mineral Resources, at the 2nd annual meeting of the US-Saudi Arabian Business Council, held in Riyadh on 28 October.

Saudi Oil Policy

Saudi Arabian oil policy has, over the years, been formulated around two dominant facts. The first is the existence of huge oil reserves in the...