Middle East Economic Survey

VOL. XLVIII

No 4

24-January-2005

KUWAIT

Kuwait/Iran Water Supply MOU Lapses; Gas/Border Issues On Hold

A memorandum of understanding (MOU) reached by Kuwait and Iran in December 2003 for the supply of 900,000 cu ms/day of Iranian fresh water has lapsed because no steps have been taken to implement it (MEES, 22/29 December 2003 and 20 January 2004). The project, costing an estimated $1.5bn, was to involve the laying of a 540km pipeline to carry water from Karkheh dam in...