Special Features
Spending to modernise

Kuwait, the Organization of the Petroleum Exporting Countries’ (Opec) third largest oil producer, plans mega-investments of about $100 billion in the next five years to modernise oil infrastructure, the country’s oil minister says. “We already have started the implementation of the 2030 strategy, and overall spending over the next five years is estimated to be at $100 billion,” Ali Al Omair says. The funds “will be spent on various projects related to production, refining, petrochemicals, as...

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