Middle East Economic Survey

VOL. LIV

No 36

5-Sep-2011

KUWAIT

Kuwait Looks To FID On Australia LNG Project By Year-End

The West Australian government has recently issued environmental approvals for the planned $21bn Wheatstone LNG project. The move takes Kuwaits state-owned Kuwait Foreign Petroleum Exploration Company (Kufpec) and its partners a step closer to taking the final investment decision (FID) on the 15mn tons/year project. Kufpec (7%) and its partners operator Chevron (73.6%),...