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Oil Min. says fuel project conducive to nat'l economy
4/14/2014
 Minister of Oil Ali Al-Omair said here on Monday contracts signed yesterday for the clean fuel project would favorably reflect on the country's national economy.

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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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