Saudi announces $40 billion investment plan for its energy sector

Saudi announces $40 billion investment plan for its energy sector

Special to WorldTribune.com ABU DHABI — Saudi Arabia plans to invest $40 billion a year in the kingdom’s energy sector over the next decade. The state-owned monopoly Saudi Aramco said the money would help develop energy resources in the Gulf Cooperation Council state. A senior official said the investment sought to double natural gas production […]