VOL. XXXVIIINO. 714-NOVEMBER-1994
Kuwait's SPC Approves Privatization Plan For Gasoline Stations
Kuwait's Supreme Petroleum Council (SPC) has recently approved aprivatization plan covering 20 new gasoline retail stations, an LPG plant and anlube oil-filling plant, according to the Kuwaiti Oil Minister, Mr. 'Abd al-Muhsinal-Mud'ij. The privatization project would be carried out through theestablishment of a public shareholding company, whose shares would be owned 20%by the Kuwaiti...