Kuwait marks first light crude ex­port with lav­ish cer­e­mony

Rasheedi: Oil sec­tor has notched up an­other mile­stone achieve­ment

Kuwait Times - - Front Page -

KUWAIT: Un­der the aus­pices of HH the Amir Sheikh Sabah Al-Ah­mad Al-Jaber AlSabah, Kuwait yes­ter­day held a cer­e­mony to pro­mul­gate the state’s first ship­ment of light crude oil. Upon his ar­rival at the cer­e­mony, HH the Amir was warmly wel­comed by Min­is­ter of Oil and Elec­tric­ity and Wa­ter Bakheet Al-Rasheedi, along with se­nior of­fi­cials in the oil sec­tor. HH the Prime Min­is­ter Sheikh Jaber Al-Mubarak AlHa­mad Al-Sabah and Na­tional As­sem­bly Speaker Mar­zouq Al-Ghanem were also among the at­ten­dees.

Rasheedi said the oil sec­tor has notched up an­other mile­stone achieve­ment with the ship­ment of its first light crude oil cargo. Ad­dress­ing HH the Amir, Rasheedi at­trib­uted the achieve­ment to the ef­forts of the oil sec­tor’s work­force. He hailed the ex­port as a launch pad for greater oil pro­duc­tion, which will serve to re­in­force Kuwait’s po­si­tion as an oil and gas pow­er­house, fit­ting into na­tional plans to build a stronger econ­omy.

In his speech, Kuwait Oil Com­pany CEO Ja­mal Jaa­far said de­vel­op­ing the coun­try’s Juras­sic reser­voirs to help meet soar­ing do­mes­tic gas de­mand is among the com­pany’s top pri­or­i­ties. Kuwait’s first ship­ment of light crude oil did not come with­out a strug­gle on the com­pany’s part, he ex­plained, say­ing that the work­ers in the oil sec­tor were de­ter­mined to bring their goals to fruition, help­ing drive the na­tional econ­omy to new heights. Kuwait stands at the cusp of a new era in oil and gas pro­duc­tion, he said, wish­ing the coun­try con­tin­u­ing growth and de­vel­op­ment.

— KUNA

KUWAIT: HH the Amir Sheikh Sabah Al-Ah­mad Al-Jaber Al-Sabah at­tends a cer­e­mony to mark the state’s first ship­ment of light crude oil yes­ter­day. Min­is­ter of Oil and Elec­tric­ity and Wa­ter Bakheet Al-Rasheedi is seen at left.

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