KUWAIT

Oil Ministry Study Recommends Annual Increases in Domestic Product Prices 

The Kuwaiti Ministry of Oil has carried out a study on domestic energy consumption, which recommends a series of product price increases for the period 1986-1995 to encourage energy savings. The study proposes a 5% increase in 1986 in the domestic prices of gasoline (regular and premium), diesel oil, kerosene and LPG and farther annual 10% increases thereafter until 1995. However, the study suggests that...