VOL. XLIII

No. 16

17-April-2000

KUWAIT

Cabinet Approves Draft Law On Project Kuwait

Kuwaits Council of Ministers on 9 April approved a draft law regulating investment by international oil companies (IOCs) in developing the countrys northern oilfields (Project Kuwait). In March the draft law was approved by the Supreme Petroleum Council (SPC) and forwarded to the Fatwa and Tashri' department, the governments legal consultative body, for final checking before approval by the cabinet (MEES, 13...