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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
JAPANESE FIRM'S SAUDI RIGHTS HANG IN THE BALANCE
Analysts have thrown doubt on whether Arabian Oil Co, Japan's biggest oil producer, will be able to hold onto its lucrative oil concession in Saudi territory without agreeing to fund a rail project in the kingdom. AOC this week offered to fund the railroad in return for tax cuts on the crude produced from the oil concession but analysts said the deal was likely to be rejected by the Saudis. AOC's drilling and production rights expire on February 27.
News Item details
Websites:
www.llplimited.com
Countries: Japan - Saudi Arabia -
Organisation: Saudi Aramco
Subjects: Professional services, Project Management, Rail transport, Oil, Taxation
