التاريخ : 05/09/2005
KUN0057 4 GEN 0167 KUWAIT /KUNA-UPL3
POL-LD KUWAIT-PM-HPC
Kuwait higher petroleum council meets and approved many oil matters
KUWAIT, Sept 5 (KUNA) -- Kuwait's Higher Petroleum Council (HPC) met here
Monday and approved, among other things, HPC sub-committees and proposed
amendments of statute of Kuwait Aviation Fuel Company (KAFCO), an official
statement said.
The HPC meeting was chaired by H.H. the Prime Minister Sheikh Sabah
Al-Ahmad Al-Jaber Al-Sabah who congratulated the new members who were
appointed by an Amiri Decree.
Council members also approved proposed amendments on the financial charter
of the Kuwait Petroleum Corporation (KPC) and its affiliate companies, in
accordance with recommendations of HPC finance committee.
The statement said the HPC members also approved to unchange prices of gas
and condensers between the KPC and the ministry of energy.
The HPC also reviewed exceptions granted by the minister of energy to the
Kuwait Oil Company (KOC) to improve oil export facilities. (end)
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KUNA 051525 Sep 05NNNN