Saudia-Online the Net Gate to Saudi Arabia Market
Saudi Arabia Business News
Business Opportunities

Business Guide

Companies Directory
Corporate Websites
Currency Exchange
Saudi Arabia Events
Local News
Saudi Stocks
Saudi Monthly Economic Reports
Saudi Arabia Travel
Saudi Arabia Weather
Submit Press Release
Read Press Releases


Message Boards
Should women be in the army?


Community Sign Up

About Saudi Arabia
About us
Arabic Cuisine

Arabic Newspapers
Arabic Radio and TV
Free Downloads
Saudi Arabia ISP
Science and Technology 
Send us feedback
Traveling to Saudi Arabia

   Top Saudi Arabia Business News     

Shell signs letter of intent to participate in Saudi Natural Gas initiative

Sir Mark Moody-Stuart, Chairman of the Royal Dutch/Shell Group of Companies, signed yesterday a Letter of Intent expressing Shell's interest in participating in the Saudi Natural Gas Initiative.

The LOI was signed in response to an invitation to Shell from HRH Prince Saud al-Faisal, Chairman of the Negotiating Team overseeing the gas initiative. Shell has participated in the Saudi process since Crown Prince Abdullah first called for proposals from international companies in late 1998.

Sir Mark described the LOI as a "very positive step". He added: "The Saudi gas opening process provides an excellent opportunity for Shell to build upon its long history of partnership with the Saudi government and the Saudi people."

Shell has been active in the Kingdom of Saudi Arabia since the 1940s and has invested over $7 billion with its partners in petrochemicals, refining, and other downstream business ventures. i


Shell International Media Relations Dave Stuart
+44(0) 20 7934 3453

December 16th, 2000  


Next Story

Free services in Saudia-Online
Free services

Free Websites for 
Saudi Arabia

Free services

Free Websites for
Saudi Arabia Made

Free services

Free Websites for
Saudi Arabia Travel
Agencies and Companies

Free services

Free Domain

Free services

List your Saudi
Arabia Company in
our Directory

Free services

Subscribe to our

Free services Jobs......
   Post a job to this site!

   Current Job Openings

Free services

Advertise Free
Classifieds section. 

Make Saudia-Online My Start Page  -  Bookmark Saudia-Online
Contact Us -  Advertising Info -  About Us -  Terms Of Service -  Add My Site -  Privacy Policy 

© 1999-2000 by Horizon for Commercial Development Co., Ltd, All rights reserved.
  Saudia-Online,Malls2Save,JeddahMalls,RiyadhMalls,RiyadhShops,SaudiMade,Travel2Saudi and HDC are  trademarks of Horizon for Commercial Development Co. Ltd.  P.O. Box 14657, Jeddah 21434, Saudi Arabia
 Telephone 00966-2-6693585, Fax 00966-2-6693472

 June 28, 2001 15:43:07