Quotes: 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
 Dec 21 2014 - Qatar- Rotana head gets award for innovationThe Peninsula
(MENAFN - The Peninsula) Rotana's President and CEO Omer Kaddouri was recognised by Switzerland's prestigious Les Roches International School of Hotel Management with an Innovation Award for his ...

 Dec 21 2014 - Yemen protestThe Peninsula
(MENAFN - The Peninsula) Yemeni women take part in a protest against the Shia Houthi insurgency, in Sana'a, yesterday. ...

 Dec 21 2014 - Tunisia votes todayThe Peninsula
(MENAFN - The Peninsula) Employees from the Independent High Authority for Elections unload ballot boxes from a military vehicle for distribution to polling centres in the governorate of Ben Arous, ...

 Dec 21 2014 - Kurds expand assault on jihadists in IraqThe Peninsula
(MENAFN - The Peninsula) Kurdish peshmerga forces delivered aid on Mount Sinjar and expanded a major offensive against jihadist-held areas in northwestern Iraq yesterday after breaking a months-old ...

 Dec 21 2014 - National Day at Qatar UN missionThe Peninsula
(MENAFN - The Peninsula) Qatar's Permanent Mission to the United Nations in New York hosted a reception on Qatar National Day. Qatar's Permanent Representative to the United Nations Sheikha Alya ...

 Dec 21 2014 - Qatar- Tanzania PM in DohaThe Peninsula
(MENAFN - The Peninsula) The Prime Minister of Tanzania, Mizengo Kayanza Peter Pinda, arrived in Doha last evening. He was received at the Hamad International Airport by the Minister of Environment H ...

 Dec 21 2014 - Qatar- QF impresses at Darb Al SaaiThe Peninsula
(MENAFN - The Peninsula) Qatar Foundation (QF) wrapped up its presence at the National Day celebrations hailing it a huge success with more than 83,000 people of all ages visiting QF's tent during ...

 Dec 21 2014 - Qatar- Al Jaber Opticians opens in Al WakraThe Peninsula
(MENAFN - The Peninsula) Al Jaber Opticians Chairman Mohamed J H Al Jaber and Managing Director Fahad Al Jaber open the 21st branch of Al Jaber Opticians in Al Wakra yesterday. ...

 Dec 20 2014 - Oman looking to boost imports of high-value products from IndonesiaMuscat Daily
(MENAFN - Muscat Daily) Oman is looking to boost imports of high-value products from Indonesia and increase bilateral trade from the around US$462.34mn achieved in 2013. Oman is a non-traditional ...

 Dec 20 2014 - Etihad has no further A380 orders, Boeing 787 delayedMENAFN
(MENAFN) Etihad Airways is not interested in ordering any more Airbus A380s, while the launch of its first Boeing 787-9 Dreamliner into service has been delayed, Gulf News reported.The Dreamliner ...

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help