Middle East Economic Survey


No 18


Kuwait Revives Energy Sector Initiatives

Activity in Kuwaits long-stalled oil and gas sector is quickening up once again, with trader Vitol and Shell signing LNG supply deals on 26 and 27 April respectively. Talks with foreign oil companies on a number of upstream initiatives are also gathering momentum as the twin challenges of developing geologically difficult non-associated gas and heavy oil are galvanizing state-owned Kuwait Petroleum...