NPRA: Industry moving toward mutual interdependence

The oil and gas industry is becoming much more interconnected and moving towards "mutual interdependence," according to Sharaf Salamah, president of Saudi Refining Inc.The keynote speaker late last month at the National Petrochemical & Refiners Association's annual meeting, Salamah addressed three primary topics: energy security and oil imports, long-term prospects for US refining and petrochemicals, and Saudi Arabia's oil policy.Salamah said that a country's dependence on imports has a historically negative connotation and has been described as "dependency" and "vulnerability."He said, "This conventional perception of energy security seems to be changing and for the right rea...

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