Word: arabization
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...robed sheiks but zealous dark-suited young Arab technicians dominated the first Arab Petroleum Congress in Cairo last week. The 420 delegates looked at the $6,000,000 worth of machinery exhibits and held seminars in drilling techniques-but their real interest was oil politics. The Arabs were out for more money and more control over their oil (the Middle East has two-thirds of the world's supply). In the Cairo hotel lobbies, the man everyone wanted to see was a Saudi Arabian with a bright, quick smile, and a profile as sharp as a scimitar...
Native's Return. Abdullah Tariki, chief of the Saudi office of Petroleum and Mineral Affairs, is the unquestioned spokesman of the new generation of ambitious Arab experts in oil. "Absolutely incorruptible," say U.S. oilmen, who quiver at some of Tariki's ideas. "The only Arab who knows anything about the oil business...
...Egypt and Texas, Tariki is often represented as anti-American (TIME, Oct. 27). At the University of Texas he got a master's degree in petroleum engineering, found an American wife, and then joined the U.S.-owned Arabian American Oil Co. at Dhahran. "I was the first Arab to penetrate into the tight Aramco compound," he said last week, "and I never saw such narrow people." American matrons took his wife aside and reproved her for marrying an Arab. Says Tariki bitterly: "It was a perfect case of an Arab being a stranger in his own country." For "purely...
...greying elder statesman of Arab oil diplomacy, Tariki is not satisfied with the 50-50 split in oil royalties and says: "It is only a matter of time before we get the same 60-40 split that the Venezuelans announced in December." When Western oilmen remind him that their contracts run into the next century, Tariki replies: "Any concession between a government and a company is not worth a damn if it does not please the people...
...Integrators. Tariki and his young assistants are no mere nationalizers; they saw how Mossadegh nationalized Iran's oil only to find that he simply could not sell it. Instead, Tariki wants to develop "integrated" operations down to the distant gas pump, with the Arabs taking a share in producing, transporting and marketing the oil. Aramco is willing to give him more money in future concessions but no part in company operations outside Saudi Arabia. Last week the talk of Cairo was about a Tariki plan for an Arab-owned tanker fleet and a new Arab-owned pipeline from...