Without funding for KOC projects, Kuwait might lose huge oil profits – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
- Date: 01-Feb-2023
- Source: Arab Times…
- Sector:Financial Services
- Country:Kuwait
Without funding for KOC projects, Kuwait might lose huge oil profits – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
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KUWAIT CITY, Jan 31: Oil sources have warned that Kuwait will lose about USD 10 billion of its oil revenues within a year, unless a funding of at least one billion dinars is available for KOC projects in order to maintain the country’s oil production at its current levels, reports Al- Rai daily. They said, “If the required funding is not available, production will decrease by 200,000 barrels per day during the first year. Multiplying that amount of the decrease by the price of USD 80 per barrel means a loss of about USD 10 billion for Kuwait in 12 months.”
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What time is Shabbat this week in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates?
Check out https://gulfjewish.org for Shabbat times and other Jewish resources in the GCC
Shabbat Shalom
شبات شالوم
שבת שלום
#ShabbatWithAGJC
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What time is Shabbat this week in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates?
Check out https://gulfjewish.org for Shabbat times and other Jewish resources in the GCC
Shabbat Shalom
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What time is Shabbat this week in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates?
Check out https://gulfjewish.org for Shabbat times and other Jewish resources in the GCC
Shabbat Shalom
شبات شالوم
שבת שלום
#ShabbatWithAGJC
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