Al-Tuwaijri: Not a single day has passed in Saudi Arabia in 9 years without an achievement Media professionals urged to innovate in disseminating Kingdom's story to the world    Saudi Founding Day: A legacy of strength, stability, and leadership    LuLu Walkathon celebrates Saudi Founding Day, with promoting a message of sustainability    Saudi Founding Day celebrates three centuries of legacy and leadership    DGA Governor Al-Suwaian leads Saudi delegation to DCO meeting in Amman    Saudi FM participates in G20 ministerial meeting in South Africa    King Salman approves official Saudi riyal symbol    Proper diet and healthy eating key to enjoying Ramadan fast    Olaf Scholz and Friedrich Merz face off in final debate ahead of German election    Trump calls Zelensky a 'dictator,' questioning Ukraine's future    US appeals court rejects Trump's move to end birthright citizenship    No peace without backing of the Ukrainian people, say EU parliamentarians    Trump praises Saudi Arabia's role in diplomacy and economic growth at FII Miami    Saudi Media Forum panel highlights Kingdom's vision beyond 2034 World Cup    AlUla Arts Festival 2025 wraps up with a vibrant closing weekend    Al-Ettifaq's Moussa Dembélé undergoes surgery, misses rest of the season    Al Hilal secures top spot in AFC Champions League Elite, set to face Pakhtakor in Round of 16    'Real life Squid Game': Kim Sae-ron's death exposes Korea's celebrity culture    Al Ahli defeat Al Gharafa to seal AFC Champions League Elite knockout berth    Spouse of Crown Prince launches Misk Heritage Museum 'Asaan' in Diriyah    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Oil Minister: Kuwait to spend KD 25 Billion on oil-related ventures
Saudi Press Agency Published in Saudi Press Agency on 13 - 12 - 2009

The State of Kuwait intends to spend close to Kuwaiti Dinar (KD) 25 billion on oil sector"s projects, in addition to annual spending on maintenance and services and the like, the Oil Minister Sheikh Ahmad Al-Abdullah Al-Sabah said Sunday.
Al-Sabah, who is also Minister of Information, made the announcement as he opened the Kuwait Oil Expo 2009, with the theme of "Small and Medium Oil Related Industries".
The Kuwaiti private sector"s expected contribution in the said plan comes to about KD five billion, the Oil minister added.
He made these remarks on the sidelines of the opening ceremony, KUNA reported.
On OPEC, the Oil minister said it was unlikely the Group would change output strategy in its upcoming meeting, due to be held in Angola on December 22.

Clic here to read the story from its source.