NO. 18



KOC to Clean Up Oil Lakes

The Kuwaiti Minister of Oil, Dr. Hamoud al-Ruqbah, stated on24 January that the task for cleaning up the gigantic oil lakes created by thespillages from damaged oil wells has been entrusted to the Kuwait Oil Company (KOC),because the costs stipulated in all the bids submitted by international firmswere far too high - more than the oil would be worth after it is cleaned of sandand refined. Dr. Ruqbah also said that the foreign...