Will Attacks of Militants affect Plans for Foreign Investment in Saudi Arabia?
Article from: OGEL 2 (2004), in Roundup of Articles
Introduction
Foreign oil companies continue to invest in the most politically troubled of the oil producing countries, such as Colombia, Sudan, Yemen, and Algeria. Why should a few explosions affect plans for foreign investment in Saudi Arabia? Will the recent militant attacks on oil installations in Saudi Arabia reduce foreign investment in this oil-rich kingdom? Will the attacks in Riyadh and Yanbu hinder Saudi efforts at attracting billions of dollars in foreign investment in its gas, petrochemical, and power sectors? While an immediate and convenient answer may be 'yes', a careful look at ...