VOL. XXXVII
NO.4
25-OCTOBER-1993
Kuwait
Kuwait Considering Plan To Offer Production Sharing Terms For BorderOilfields
Kuwait's KPC is studying a plan under which foreign companies, particularlyUS firms, would be invited to bid for production sharing deals in respect ofoilfield in the border area with Iraq. Reference to such a plan was made by theKuwaiti Oil Minister, Mr. 'Ali Ahmad al-Baghli, in a recent statement to theofficial news agency KUNA.
Such a development would mark a change in Kuwait's...
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