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Kuwait, Mongolia look into oil deal details

KUWAIT, Nov 26 (KUNA) -- Both Kuwaiti and Mongolian sides are expected to meet together here on Monday evening to probe the details of a memo of understanding on a further oil cooperation between both countries.
This was announced by Kuwaiti Minister of Electricity and Water and Acting Minister of Oil Mohammad Abdullah Al-Olaim in remarks to Kuwait News Agency (KUNA) following the inking of the MoU aiming to strengthen and bolster cooperation between the Kuwait Petroleum Corporation and the Mineral Resource and Petroleum Authority of Mongolia (MRPAM).
The ceremony was attended by His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and visiting Mongolian President Nambaryn Enkhbaya, as well as several senior Kuwaiti and Mongolian officials.
The MoU was inked by Kuwaiti Minister of Electricity and Water and Acting Minister of Oil Mohammad Abdullah Al-Olaim, and the Mongolian acting foreign minister. (end) jy.na.mt KUNA 261732 Nov 07NNNN