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

Kuwait- Min. Al-Omair commends "excellent" ties between KPC, Shell  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 12/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Kuwait News Agency (KUNA)) Minister of Oil Dr. Ali Al-Omair Sunday termed as "excellent" commercial relations between Kuwait Petroleum Corporation (KPC) and Shell, with the multi-billion-dinar Liquefied Natural Gas (LNG) contract as the culmination of this relation.

Al-Omair, also Minister of State for National Assembly Affairs, made the remarks on the sidelines of a ceremony to sign the six-year KD 12 billion (USD 42.7 billion) LNG contract.

He said the contract would be harmless to environment because LNG was the least harmful energy source on environment.

Kuwait, he added, would also save KD hundreds of millions because it would not be burning oil but rather replace it with LNG.

Diesel and crude oil consist of high concentration of sulphur which harms the environment, said Al-Omair, in addition to the consequent costly maintenance of power stations.

 


Kuwait News Agency (KUNA)




  MENA News Headlines
 Sep 23 2014 - Kuwait urges joining hands to address Ebola outbreakKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah on Monday called for concerted efforts to address the spread of the deadly ...

 Sep 23 2014 - Russia, Jordan sign agreement on nuclear power plantKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Russia and Jordan on Monday signed an agreement to build a nuclear power plant in Zarqa city, to the south of Amman.Russia won the bid last year to implement the ...

 Sep 23 2014 - Kuwaitis hoping to add to medals tallyKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwaiti athletes are continuing their good performances across several disciplines at the 17th Asian Games in South Korea's Incheon with some already edging ever ...

 Sep 23 2014 - Qatar- SPE Mideast conf., exhibition kicks off in DohaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The SPE Middle East Health, Safety, Environment and Sustainable Development Conference and Exhibition opened here on Monday with the participation of experts and ...

 Sep 23 2014 - France alerts nationals to ISIL threatsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) France's Foreign Ministry Monday urged its nationals in more than 30 countries to be more cautious after the Islamic State in Iraq and the Levant (ISIL) released ...

 Sep 23 2014 - Kuwait- Sheikh Sabah Al-Khaled chairs GCC-Australia FMs meetingKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait's First Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah on Monday headed the meeting between the Gulf Cooperation ...

 Sep 23 2014 - RWB concerned about 2 Tunisian journalists missing in E. LibyaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Reporters Without Borders (RWB) said Monday it is very concerned about the fate of the Tunisian journalists Sofiene Chourabi and Nadhir Ktari, who are missing ...

 Sep 23 2014 - Kuwaiti foreign minister meets UN special envoy to Syria de MisturaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait's First Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah met UN Special Envoy to Syria Staffan de Mistura at the Kuwait ...

 Sep 23 2014 - Iraqi oil minister appreciates Kuwaiti political, economic supportKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Iraq's Oil Minister Adel Abdulmahdi has commended political and economic support of his country extended by Kuwait during an encounter with its Ambassador Ghassan ...

 Sep 23 2014 - Obama renews US support to TunisiaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Tunisian Interim Prime Minister Mehdi Jomaa received on Monday, a letter from US President Barack Obama expressing US support to Tunisia's economy and security ...

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