VOL. XXXVII

NO. 28

11-APRIL-1994

Kuwait

Prime Minister Outlines Kuwait's Oil Policy Objectives

Shaikh Sa'd al-'Abd al-Allah al-Sabah, the Kuwaiti Crown Prince and PrimeMinister, outlined last week the general objectives of Kuwaiti oil policy,emphasizing more oil exploration, participation of the private sector in thelocal industry, expanding domestic and foreign downstream ventures, developingforeign market outlets and studying the possibility of foreign participation inthe upstream sector. Shaikh...