No 47



Kuwait To Issue New Tender For Ahmadi Oil Exports Expansion Project

Kuwait is to issue a fresh tender for the contract to expand the Ahmadi ports oil export capacity from 2.4mn b/d to 3mn b/d after technical problems were discovered with the winning bid from Kvaerner, according to a 18 November report in al-Sayessh newspaper. The report cited Kuwait Oil Company (KOC) chairman Ahmad al-Arbeed, as saying that KOC had decided to return the contract to the...