Crude Agreement Deutsch

Since the production of Buna rubber was mainly intended for military use, it is recognized that, in addition to economic reasons – availability of labor and raw materials, proper construction, access roads, profitability – political and military considerations also played a role. It is generally accepted that the history of Danish whistle making begins with a Sweden: in June 2008, Aramco announced that it would increase production to 9.7 million barrels per day (bbpd) in response to crude oil prices of more than $130. Then, when prices collapsed, Aramco said in January 2009 that it would reduce production to 7.7 mbpd. [26]:265-267 The cost freeze gives the government the guarantee to recover some of the production (as long as the price of the crude oil produced is higher than the cost freeze), especially in the early years of production, when costs are higher. Since the early 80s, all major contracts have included a stop cost clause. In 1959, Aramco sent the first group of Saudi students to american university. In 1970, Aramco began recruiting its first bachelor`s degree holders and began offering college scholarships in 1979. In 1965, Zafer H. Husseini was appointed first Saudi official and Faisal Al-Bassam was appointed first Saudi vice president in 1974.

One of the first students was Al-Naimi, who was appointed Aramco`s first Saudi president in November 1983. As Al-Naimi says, „the oil company is committed to developing qualified Saudis to become fully trained and trained industry professionals.“ Al-Naimi praised Thomas Barger`s commitment to Saudi Arabia: „You, of all the leaders of Aramco, had the greatest vision in supporting the training efforts of Saudi personnel in their early days.