Loading ...Kuwait Excludes Firms Dealing with Israel from any Oil Work
SOURCE: MIDDLE EAST MONITOR
Kuwait Petroleum Corporation has ordered the Kuwait Oil Company to review lists of qualified oil companies which have any kind of relations with Israel, the local Al-Rai paper reported.
According to the Kuwaiti newspaper, sources said that this requested review would be “difficult” due to the “massive network” among global companies and their offshoots.
However, the sources, which were not identified by the Kuwaiti newspaper, stressed that authorities have insisted on implementing this decision.
Kuwait Petroleum Corporation was established in 1980 as an umbrella for all oil activities in the country. Kuwait produced 2.80 million barrels of petrol a day in August.
Head of the Office of Boycotting Israel in the Kuwait custom’s department, Walid Al-Hammadi, said in August that his country is the adherent to the economic boycott of Israel of all Arab states.
“We do not allow the entry of Israeli goods into Kuwaiti markets,” he said. “The Kuwaiti people support this boycott and report any Israeli goods found in the local market,” he added.
He stressed that boycotting Israel has a negative impact on the occupation state.
