to expand the petro chemicals business instead of the kingdom's heavy reliance on oil sales. so influential in port arthur goodwill tiva security sent a policeman to stop us from filming they even called the police to hold us until they could question why journalists were filming their facilities. despite tight control over media and any opinion which doesn't fall in line with that of the kingdom. efforts to privatized had been a hard sell at home. with very little accountability of the ruling family radical changes are viewed with suspicion by many ordinary saudis. one of the major objections by people in the kingdom was their fear that the money would go into the pockets of the royal family rather than be used in a transparent way to provide government services to the people in other words waste fraud and mismanagement are a concern on the part of the public concerned by foreigners i think the conference is trying to create an environment conducive to foreign investment but events things keep happening questions keep getting raised that make that difficult. geo political po

to expand the petro chemicals business instead of the kingdom's heavy reliance on oil sales. is so influential in port arthur goodwill tiva security sent a policeman to stop us from filming they even called the police to hold us until they could question why journalists were filming their facilities. despite tight control over media and any opinion which doesn't fall in line with that of the kingdom. efforts to privatized had been a hard sell at home. with very little accountability of the ruling family radical changes are viewed with suspicion by many ordinary saudis. one of the major objections by people in the kingdom was their fear that the money would go into the pockets of the royal family rather than be used in a transparent way to provide government services to the people. in other words waste fraud and hispanic front are a concern on the part of the public they're also concerned by foreigners i think the conference is trying to create an environment conducive to foreign investment but events things keep happening questions keep getting raised that make that difficult

petro saudi deal struck on the yorkshire required when nature to initially invest one billion dollars in the joint venture and petro saudi to contribute energy concessions valued at almost three billion dollars. it's very easy and i listen at money what they did the bin in the front company something that could appear very legal and they found this very beautiful name. it looks like it's the official oil company of saudi arabia that's the only quality but. this beautiful name so the frame of the gun where the stub of. the e-mails showed those billions of dollars were the petro saudi energy concessions had been hugely and fraudulently overvalued something's a.v.o. always suspected and now believed was crucial to the alleged criminal scam in two thousand and nine. but you can hone and ask me if i knew a company or a guy that could evaluate the four to billions. they said no way i'm going to us. a company that is worth pretty much nothing for the billions but it seems mahoney in a bird age got what they wanted by restricting the work of the value asia is cause of work is to have value. a

to expand the petro chemicals business instead of the kingdom's heavy reliance on oil sales. so influential in port arthur goodwill tiva security sent a policeman to stop us from filming they even called the police to hate us until the very question why journalists were filming their facilities. despite tight control over media and any opinion which doesn't fall in line with that of the kingdom. efforts to privatized had been a hard sell at home. with very little accountability of the ruling family radical changes are viewed with suspicion by many ordinary saudis. one of the major objections by people in the kingdom was their fear that the money would go into the pockets of the royal family rather than be used in a transparent way to provide government services to the people in other words waste fraud and mismanagement are a concern on the part of the public concerned by foreigners i think the conference is trying to create an environment conducive to foreign investment but events things keep happening questions keep getting raised that make that difficult. geo political powe

the environment and bad for the country economically that much rather sell that oil or turn it into petro chemicals or some other profitable substance basically any toil that they burn for electricity is basically wasted now this is a country that cannot use hydroelectric power which is very very beneficial for baseload electricity generation and so the only non hydrocarbon electricity source of electricity that they can really turn to at this point is nuclear so it's extremely beneficial and these see it is as basically an imperative to build nuclear power plants and that is not just saudi arabia it's other places in the gulf as well of course and so if you look at it from a purely economic point of view is the white house looking at this in terms of the the money can make the investment it can have the say it could have in terms of nuclear plant construction within saudi arabia because if it doesn't take the first step russia south korea and china are just waiting on the doorstep are they not to fill a void. exactly and right now saudi arabia has made it very clear that they're going fo

generation and here's here's here's basically the lay of the land saudi arabia forty four percent of saudi arabia's electricity generation right now comes from oil and that's both horrible for the environment and bad for the country economically it much rather sell that oil or turn it into petro chemicals or some other profitable substance basically any toil that they burn for electricity is basically wasted now this is a country that cannot use hydroelectric power which is very very beneficial for baseload electricity generation and so the only non hydrocarbon electricity source of electricity that they can really turn to at this point is nuclear so it's extremely beneficial and these see it as as basically an imperative to build nuclear power plants and that's not just saudi arabia it's other places in the gulf as well. a veteran new york times correspondent has been denied entry into egypt david kirkpatrick was detained without explanation of the arrived at cairo airport on monday the former cairo bureau chief was then scored on to a flight back to london the following day the new york

to expand the petro chemicals business instead of the kingdom's heavy reliance on oil sales. is so influential in port arthur that bill tiva security sent a policeman to stop us from filming they even called the police to hold us until they could question why journalists were filming their facilities. despite tight control over media and any opinion which doesn't fall in line with that of the kingdom efforts to privatized had been a hard sell at home. with very little accountability of the ruling family radical changes are viewed with suspicion by many ordinary saudis. one of the major objections by people in the kingdom was their fear that the money would go into the pockets of the royal family rather than be used in a transparent way to provide government services to the people in other words waste fraud and mismanagement are concerned on the part of the public they're also concerned by foreigners i think the conference is trying to create an environment conducive to foreign investment but events things keep happening questions keep getting raised that make that difficult.