Thursday, Oct 06, 2011
The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on October 6
KUWAIT:
AL SEYASSAH
KUWAIT'S GASOLINE OUTPUT ENOUGH FOR LOCAL CONSUMPTION
State refiner Kuwait National Petroleum Co., or KNPC, currently produces enough gasoline to meet the needs of the local market and there's no need for imports.
Website: www.alseyassah.com/alseyassah
AL ANBA
KUWAIT JV TO LAUNCH STEAM INJECTION PROJ BY END 2012
Kuwait's Wafra Joint Operations, or WJO, a joint venture between Kuwait Gulf Oil Co. and Saudi Arabian Chevron, plans to launch a steam injection project at oil fields in the Wafra region by the end of 2012. WJO has allocated about $10 billion for the initial phases of the steam injection project, while the overall funds that will be allocated for all the project's phases may reach as much as $40 billion.
Website: www.alanba.com.kw
EGYPT:
AL AHRAM
EGYPTAIR SECURES $380M LOAN TO BUY 3 AIRBUS A330-300
State-owned EgyptAir Holding Co. has selected U.S.-based JP Morgan to finance the purchase of three Airbus A330-300 aircraft at $380 million, the delivery of which is expected to start before year-end.
Website: www.ahram.org.eg
By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
06-10-11 0806GMT
