Entitlements confusion questions whole industrial strategy

Issue 15 - 17 Jan 1980
Now that the Japanese have given the go ahead for the first of Saudi Arabia's petrochemical joint ventures, more might be expected to follow. But there are still questions to be answered regarding oil entitlements and the pricing of gas feedstocks. Any reduction of the entitlement is going to make foreign partners less willing to take the very real commercial risks involved in the projects.

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