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...