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Al Omair: A right decision taken by OPEC to keep the production as it is
12/1/2014
The Minister of Oil and Minister of State for National Assembly Affairs Ali Saleh Al-Omair described (OPEC) Ministers’ decision to maintain production rates unchanged as a "Right" decision stressing that it was based on the global oil market data

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Sheikh Ahmed Al Jaber Al Sabah granted Kuwait Oil Limited Company with the participation of Protol British Company "BP" and American Oil Gulf Company "Gulf Oil" the right of franchise of concessionaire to explore oil in all Kuwait lands and territorial water for 75 year period and this was on 23rd December 1934.

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