VOL. XLVI

No 46

17-November-2003

KUWAIT

KPC Investigates Marketing Irregularities Allegations

Kuwait Petroleum Corporation (KPC) is conducting an internal inquiry into its marketing department in Kuwait after allegations that employees had changed spot contracts with trading firms into term ones. The investigating committee, drawn from outside the marketing department, began work three weeks ago. A KPC statement on 12 November denied a report published in the daily al-Qabas on 9 November that the...