VOL. XLVI

No 46

17-November-2003

KUWAIT

Formal Agreements Reached On First Phase Of Kuwait Gas Station Privatization

All the necessary official agreements have been reached for the privatization of 40 gasoline stations in Kuwait, according to the Chairman of Kuwait National Petroleum Company (KNPC), Hani Husain, in remarks published in the daily al-Rai al-Am on 11 November. A new company, which is being formed to run the 40 gas stations, will initially be wholly-owned by KNPC, with private...