Middle East Economic Survey

VOL. XLVII

No 26

28-June-2004

KUWAIT

Committee Clears KPC Of Wrongdoing In Products Sales To Trading Firms

An in-house investigative committee set up by Kuwait Petroleum Corporation (KPC) has cleared the state company of any wrongdoing in sales of petroleum products to trading companies, its Deputy Chairman and CEO Nader Sultan said in remarks published by the Kuwaiti News Agency (KUNA) on 16 June. The committee investigated sales over the period 1999-2004, and its...