Saudi gas partnerships with US firms delayed again

03/11/2002
A landmark $30 billion natural gas development program proposed for US companies in Saudi Arabia is still expected to go forward-perhaps by this summer. But, according to US industry and government sources, it will not be finalized this month, as Saudi oil officials had predicted. But Middle East analysts stressed the missed deadline does not mean the gas initiative will fail."There is going to be a gas initative, said Youssef Ibrahim," senior Middle East fellow at the Council on Foreign Relations. "There is no doubt it will succeed, although those who are in a rush may be disappointed." He predicted it could take as long as a year before the final paperwork is finished.US companies earli...
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