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Saudi Arabia: Oil sector source reviews eastern gas project developments.
(From BBC Monitoring International Reports)
projects to be reviewed" published by London-based newspaper Al-Hayat on 6 June
A Saudi oil sector source has confirmed that Riyadh will scrap an agreement that was due to be signed with an international consortium of oil companies, led by US Exxon Mobil. The deal was expected to involve the development of a series of projects in the gas fields of southern Al-Ghawar, located in the east of Saudi Arabia. The investments in these projects are worth 15bn dollars.
For its part, Exxon Mobil confirmed that it had received a letter regarding this matter from the Saudi minister of oil and mineral resources, Ali …
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