Arab Today, arab today kuwait\s oil reserve 104 bln barrels
Last Updated : GMT 14:33:15
Arab Today, arab today
Arab Today, arab today

Kuwait\'s oil reserve 104 bln barrels

Arab Today, arab today

Arab Today, arab today Kuwait\'s oil reserve 104 bln barrels

Kuwait - Kuna

Dr. Hani Al-Ghaos, a Kuwaiti economist, said Wednesday the estimates that put the country\'s proven oil reserves at 104 billion barrels are \"very realistic.\" \"The Burgan oilfield has abundant quantities of reserves,\" Al-Ghaos told a symposium held here Wednesday evening by Kuwait Economic Society (KES) under the theme of \"Kuwait 2012 - Economic Outlook.\" \"The exploitation of the expertise, cost-effective methods and hi-tech is the key to better development of the oil sector,\" he stressed. \"The global energy giants resort to mergers and takeovers of other companies in order to maximize benefit from the advanced technologies,\" Al-Ghos pointed out. He expected that 2012 will be the year of \"unconventional oil crudes,\" noting that there are very promising scientific achievements in this domain. Dealing with Kuwait\'s daily consumption of oil, Dr. Al-Ghaos said it amounts to 300,000 barrels out of which 50,000 barrels go to the transport sector. On his part, CEO of Kuwait Financial Centre (Markaz) Manaf Al-Hajeri affirmed the strength of Kuwait\'s financial position. However, he criticized Kuwait Stock Exchange, saying it no longer plays its role as a catalyst of investment and a link between investors and capitalists. KES is a professional and intellectual NGO initiative designed to catalyze sustainable economic development through building partnerships between civil society, private sector and and policymakers.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait\s oil reserve 104 bln barrels Arab Today, arab today kuwait\s oil reserve 104 bln barrels

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday