Sinopec Gas Find Sparks Saudi E&P Hopes.

From: APS Review Gas Market Trends | Date: December 17, 2007 | Copyright information

The state-owned China Petroleum & Chemical Corp (Sinopec) exploring in Saudi Arabia's Rub' al-Khali (empty quarter) desert has found gas, sparking hopes of the first meaningful discovery in the region. A Sinopec spokesman recently said: "It is too early to say what quantities we are looking at but there is a sense of excitement in our drilling team". The Sino-Saudi Gas, a JV of Sinopec International Petroleum Exploration & Production Corp (80%) and Saudi Aramco (20%), is testing it...

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