Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

KPC seeks to boost Kuwait oil industry in int'l mkts: CEO  Join our daily free Newsletter

MENAFN - Arab Times - 30/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) Deputy Chairman and Chief Executive Officer of Kuwait Petroleum Corporation Mr. Nizar Al-Adsani confirmed that KPC, as part of its responsibility, is keen on supporting the national economy, enhancing effectively the development plan and initiating sturdily progressive steps to achieve KPC 2030 strategic directions. In a press statement on KPC participation in the 2nd Gulf Petroleum Forum which is organized by IG Events, Al-Adsani said, "KPC pays special concern to the scientific research; therefore, it is keen on patronizing its activities; thereof, it tends to establish an international research center specialized in oil industry to develop it and underpin its status territorially and internationally.



He clarified that petrochemical industry is one of KPC priorities inside and outside Kuwait; accordingly, it seeks diligently to achieve integration between petrochemical industry and refining industry to create an added value and optimize such goal which is one of the key pivots of KPC strategy. Consequently, the corporation seeks to bolster collaboration with international partners in this field to develop incessantly such important industry, enhance the status the Kuwaiti oil industry internationally and penetrate new international promising markets. With reference to the Kuwaiti personnel in KPC and its subsidiaries, Al-Adsani said the human resource is considered one of the key elements of KPC strategic plans, adding the percentage of the Kuwaiti personnel recruited in KPC and its subsidiaries has ostensibly increased through providing youth with job vacancies and rehabilitating them to join and perform the various phases of oil industry in Kuwait



He went on to say that human resource is the key pivot for fulfilling successful investment. It is the safety valve which helps achieve the forward-looking desires and plans, as it enables KPC to enter new promising markets particularly in Asia; in addition to underpinning its strategic partnerships with international distinguished institutions of scientific research and training. Al-Adsani emphasized that KPC is keen on implementing huge oil projects inside and outside Kuwait among which the fourth refinery project, the clean environment fuel project, and the refinery and petrochemical complex in Vietnam; the matter will enhance the status of Kuwait internationally, as such projects will help produce petroleum products in liaison with the international environment criteria and stipulations allotted in this domain; moreover, this helps create and added value for the Kuwaiti oil industry among other industries



He added, "KPC participation in sponsoring the 2nd Gulf Petroleum Forum is among its keenness to avail of such significant forums which serve its goals and ambitions which are aimed at accomplishing more progress and devotion in the Kuwaiti oil sector." "As we live in a world whose incidents are moving very fast, it is necessary to optimize the opportunity of building constructive collaboration among the international and national companies to be able to confront and surmount the future challenges and provide better future for energy," noted Al-Adasni. He further depicted the 2nd Gulf Petroleum Forum, in which several governmental and non-governmental authorities, Gulf and Arab private and public oil companies along with Gulf and international oil experts take part, as a distinguished and lucrative activity which highlights the role of the Gulf oil sector and cooperation in promoting such substantial industry

 


Arab Times




  MENA News Headlines
 Nov 1 2014 - Saudi- Trooper ambush suspect in court after long manhuntArab News
(MENAFN - Arab News) MILFORD Pennsylvania: Onlookers shouted 'Are you sorry' and 'Why did you do it' as state troopers led a suspect in a fatal police barracks ambush from his first court appearance ...

 Nov 1 2014 - Saudi- US judge rejects Ebola quarantine for nurseArab News
(MENAFN - Arab News) FORT KENT: A nurse who defied an Ebola quarantine in the state of Maine after treating patients in West Africa can travel unrestricted after a judge rejected the state's bid to ...

 Nov 1 2014 - Bombs at marketplaces near Baghdad kill 9 peopleArab News
(MENAFN - Arab News) BAGHDAD: Iraqi officials say bombs have struck marketplaces near Baghdad killing at least nine people.One bomb went off at a sheep market in the Iraqi capital's western suburb of ...

 Nov 1 2014 - Only men over 50 pray at Aqsa mosque amid tight securityArab News
(MENAFN - Arab News) JERUSALEM: Muslim men over 50 prayed at the Aqsa mosque in Jerusalem's Old City on Friday amid intense security a day after Israel closed all access to the sacred compound for ...

 Nov 1 2014 - Airstrikes hit Kobani ahead of entry by Kurdish forcesArab News
(MENAFN - Arab News) SURUC Turkey: US-led airstrikes hit Islamic State positions around the Syrian border town of Kobani on Friday in an apparent bid to pave the way for heavily-armed Kurdish ...

 Nov 1 2014 - Saudi- Mindshare celebrates 15th anniversaryArab News
(MENAFN - Arab News) Mindshare which is part of WPP is a global media agency network helping clients to make collaborative and adaptive decisions across their paid owned and earned marketing in ...

 Nov 1 2014 - MoH opens two women's health screening clinics at Riyadh mallsArab News
(MENAFN - Arab News) The Ministry of Health (MoH) is marking Breast Cancer Awareness Month in October with the launch of two new women's health screening clinics in Al Hayat Mall and Panorama Mall in ...

 Nov 1 2014 - Saudi- SABIC resin makes success in making windows for ultra-lightweight electric carArab News
(MENAFN - Arab News) A Saudi Basic Industries Corporation (SABIC)-made resin has been successfully used in making the windows of a new ultra-lightweight electric car concept developed by BMW-led ...

 Nov 1 2014 - Saudi- Johnson Window Films releases new window productsArab News
(MENAFN - Arab News) Recently Johnson Window Films began sales of new improved versions of energy-saving window film for both cars and buildings with solar control and heat insulation properties.The ...

 Nov 1 2014 - Etihad Airways to operate third daily Mumbai New Delhi flightsArab News
(MENAFN - Arab News) Etihad Airways the national airline of the UAE has announced that Mumbai and New Delhi will become its first destinations in India to be served with triple-daily flights ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help