Middle East Economic Survey


No 42


Fresh Controversies Hit Kuwaiti Oil Sector

Faruq al-Zanki appointed KPC chief. Parliament moves to control SPC.

Kuwaits troubled oil sector continues to lurch from crisis to crisis, with a row over the leadership of state-owned Kuwait Petroleum Corporation (KPC) threatening to extinguish the brief spark of optimism occasioned by the signing of a gas contract with Shell earlier in the year (MEES, 22 February). Kuwaits cabinet voted on 12...