Saudi Arabian government
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jul 9, 2024 by David Senra · across every show →
Everything said about Saudi Arabian government, oldest first
Jul 9, 2024
Getty's Saudi concession required $10.5M upfront, royalties, and 25% of profits
“He had to pay the Saudi Arabian government an immediate cash of 10.5 million dollars. We have to pay them a million dollars a year and a 55% per barrel royalty on all oil produced. We have to pay 25% of our net profits to the Saudi Arabian government.”