Wednesday, Jun 01, 2011
BEIRUT (Zawya Dow Jones)--Kuwait's oil sector is about to implement major projects valued at more than 20 billion Kuwaiti dinars ($72.98 billion), Kuwait-based Al Rai daily reports Wednesday citing an executive.
"We are seeking to increase the local private sector's share in the implementation of these projects so that it exceeds its current part ranging between 20% and 30%," the paper reports citing Asaad Al Saad, vice chairman and deputy managing director for Mina Al Ahmadi refinery at state-run Kuwait National Petroleum Co.
Newspaper website: http://www.alraimedia.com/Alrai/Article.aspx?id=278894&date=01062011
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
01-06-11 0419GMT
