VOL. XXXV

NO. 3

21-OCTOBER-1991

New Saudi Oil Venture In Yemen Could Signal Improvement In StrainedRelations

The advent of a new Saudi-owned oil venture in Yemen - the Nimr PetroleumCompany (NPC) - is in itself a significant economic event in an ArabianPeninsula framework. But, as is widely hoped in the area - particularly in Yemenitself - it could also yield an additional political dividend in the form of animprovement in Saudi-Yemeni relations which have come under severe strain sincethe...