Project Kuwait stalls again

  • Kuwait: Tuesday, December 27 - 2005 at 06:45

Project Kuwait, the $8.5bn oil investment plan involving help from foreign oil companies, has again been delayed as Kuwaiti MPs voted to withdraw a financial report which had approved the project. The project has been blocked by a group of MPs for more than 10 years because of fears it would give foreign companies control of Kuwait's oil wealth.

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