Kuwaiti oil minister calls sector spending plans ‘optimistic’

20 January 2019, Cairo — Kuwaiti oil minister Khaled al-Fadhel wants the funds allocated by the oil sector for spending within the 2040 strategy to be reconsidered, Al-Rai newspaper reported on Saturday. The minister said he is not against expansion in the oil sector but described the funds, estimated at 150 billion Kuwaiti dinars ($495 … More »