SAUDIS EXAMINE ENERGY INVESTMENT IN U.S.

WASHINGTON [MENL] -- Saudi Arabia has pledged to examine the feasibility ofinvesting in energy projects in the United States. Saudi Oil Minister Ali Al Naimi said Riyad would be willing to financethe construction of two oil refineries in the United States. Al Naimi saidsuch an investment was meant to faciliate larger quantities of refined oilfor the U.S. market.