VOL. XLI
No. 46
16-November-1998
KUWAIT
No Upstream Contracts Without SPC, Cabinet And Parliamentary Approval,Says Shaikh Sa'ud
The Kuwaiti Oil Minister, Shaikh Sa'ud Nasir al-Sabah, has confirmedthat any future upstream agreements with foreign companies "will not be concludedbefore being approved by the Council of Ministers, Parliament and the Supreme PetroleumCouncil (SPC)." Speaking in an interview with the Kuwait daily al-Rai al 'Am on7 November, Shaikh Sa'ud emphasized that the Ministry of...
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