Middle East Economic Survey

VOL. XLVIII

No 37

12-September-2005

OPEC Countries Pledge Aid To US After Hurricane Katrina

OPEC countries led by Kuwait have pledged humanitarian aid and petroleum products to the US in the wake of Hurricane Katrina, OPEC said on 4 September. Kuwait alone has pledged a $500mn aid package, comprising both humanitarian and petroleum products in particular gasoline. Kuwaiti Energy Minister and OPEC President Shaikh Ahmad al-Fahd al-Sabah said that the action derived from...