VOL. XLIII
No. 11
13-March-2000
KUWAIT
SPC Approves Draft Project Kuwait Law
Kuwaits Supreme Petroleum Council (SPC) approved on 6 March the draft law regulating investment by international oil companies (IOCs) in developing the countrys northern oilfields (Project Kuwait). The proposed legislation was amended by the SPC and now contains 27 clauses instead of the original 35 (MEES, 21 February). It has been forwarded to the Fatwa and Tashri' department, the governments legal body, for final...
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