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| Today: 09 February 2010 Time: 06:56 PM |
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| Kuwait must maintain oil quota in int''l markets -- Al-Humaidhi |
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| Politics 10/28/2007 5:34:00 PM |
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KUWAIT, Oct 28 (KUNA) -- Oil minister Bader Al-Humaidhi stressed Sunday
that Kuwait must maintain its quota in international petroleum markets to
guarantee steady income and utilize revenues in development.
Speaking to Kuwait News Agency (KUNA) after assuming this post, Al-Humaidhi
said maintaining the quota would enable Kuwait to carry out its development
plans and goals.
He expressed heartfelt gratitude for the trust bestowed upon him by
Kuwait's leadership to assume this very vital post that played a great role in
this nation's economy.
He lauded the achievements of his predecessors in this sector in accordance
with international oil demand that has taken oil prices to over USD 80 per
barrel.
Earlier today, an Amiri Decree was issued to reshuffle the cabinet and
Al-Huamidhi assumed this post after being finance minister for a number of
years. (end)
mab.ms.ayh
KUNA 281734 Oct 07NNNN
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