term fuel supply contracts and said it was considering investing in refining and petrochemicals sectors in Asia. "Just as security of supply is a key issue for consuming countries, security of demand is an issue for producers such as Kuwait. Our interest is in long-term, secure, stable outlet for our hydrocarbons," Yosuf Al-Ibrahim, Special Economic Advisor to the Prime Minister of Kuwait, said at the roundtable of Asian Ministers on Regional Cooperation in the Oil Economy in the Indian capital. Al-Ibrahim said Kuwait was interested in creating additional refining capacity in Asia where growth in demand will exceed planned increased in refining capacity. "One way would be for Kuwait to participate in the development of Asia's oil and energy sector by way of investments in joint ventures in the refining and petrochemical sector, as well as in projects that facilitate and improve logistics to make supplies available more efficiently and economically," he was quoted as saying by the Press Trust of India.
