Oil and Gas in the Kingdom of Saudi Arabia – An Overview

September 30, 2016

Oil and Gas in the Kingdom of Saudi Arabia – An Overview

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The Basic Law of Saudi Arabia (Royal Decree No. A/90 dated 27/8/1412 H (1 March 1992)) vests all of the Kingdom of Saudi Arabia’s oil and gas wealth in the Government. The Ministry of Energy, Industry and Mineral Resources (“MEIM”) (previously the Ministry of Petroleum and Mineral Resources) develops and implements policies relating to oil and gas and represents the Kingdom’s oil production and pricing policies internationally.

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Dr. Sultan Almasoud*

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*Partner in the Riyadh office, which we operate in association with The Law Firm of Dr. Sultan Almasoud

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Energy

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Middle East

Industrie