Middle East Economic Survey

VOL. XLVIII

No 24

13-June-2005

kuwait

Parliamentary Committee Approves Project Kuwait Draft Law

The Finance and Economic Affairs Committee of Kuwaits National Assembly has unanimously approved the draft law for Project Kuwait the plan that will see a consortium of international oil companies (IOCs) manage the long-term expansion of output from the countrys northern oilfields (MEES, 6 June). Speaking after the vote, Kuwaits Energy Minister Shaikh Ahmad al-Fahd al-Sabah...