Embassy of the Republic of Korea
Page 1 of 2 News Summary Report
Wednesday/August 22, 2018
Domestic Affairs Role of National Guard in Securing Vital Sites Extolled
Commander of operations and plans in the National Guard, Major General Faleh Shuja on Tuesday expressed pride and appreciation of the leading role played the remote guards in securing vital sites.
This came in a speech by Major General Shuja for the guards supervising vital sites including the US Embassy and Foreign Ministry, according to a statement by the National Guards.
Shuja conveyed Eid Al-Adha greetings of His Highness Sheikh Salem Al-Ali Al-Sabah, President of the National Guard, Vice President of the National Guard, Sheikh Mishaal Al-Ahmad Al-Jaber Al-Sabah and National Guard’s Undersecretary Lieutenant General Engineer Hashim Al-Rifai.
The statement said that Shuja wished them success in the performance of their duty to maintain security and stability of the country under the wise leadership of His Highness the Amir and Supreme Commander of the Armed Forces, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and His Highness the Crown Prince, Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah – KUNA
Economy
Kuwait’s Crude Oil Price UP 34 Cents Tuesday to $ 70.55 pb
Price of Kuwait’s crude oil rose 34 cents yesterday (Tuesday) reaching $ 70.55 per barrel compared with $ 70.21 pb last Monday, according to KPC – KUNA
External Affairs
Kuwait to Assign International Consultant to Develop Joint Fields – Official
Kuwait in coordination with Iraq will select an international consultant to examine development of the joint crude fields, Oil Minister and Minister of Electricity and Water, Bakheet Al-Rashidi said Wednesday.
The two countries have already named four nominated advisors for the task, said the minister in a statement to journalists during an inspection of East Doha power plant, adding that a single one would be chosen for the mission.
A company or a team will be tasked with dividing the crude production and costs, the Minister indicated. He predicted agreements with Iraq on importing the Iraqi gas and examining the joint fields before the year-end.
Embassy of the Republic of Korea
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Minister Al-Rashidi reaffirmed Kuwait’s readiness to supply the neighboring country with supplies in need, noting that power generators and water desalination units were given to Iraq earlier this Summer upon instructions by His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah.
Kuwait, last month, donated 17 mobile power generators to Iraq to help it cope with power shortage in Southern city of Basra; in addition to four water desalination units.
On prospects of power linking with Iraq, he affirmed that the concerned GCC authority is holding talks with the Iraqis for linking up the Iraqis and GCC Power networks in the foreseeable future – KUNA
Kuwait’s Oil Minister: Kuwait, Iraq to Sign Agreement on Importing Iraqi Gas Before Yearend
Kuwait is expected to have an agreement with Iraq on the import of Iraqi gas and joint oil fields before the end of this year, Kuwaiti Oil Minister and Minister of Electricity and Water, Engineer Bakheet Al-Rashidi said Wednesday.
“We are in the process of selecting a global consultant to study the joint fields project”, Al-Rashidi told reporters during his inspection tour on Wednesday of the Eastern Doha Power Plant.
He stressed that “matters with brothers in Saudi Arabia are going at a steady pace and we expect the return of production in the divided region soon”.
On the other hand, Al-Rashidi confirmed success of the Ministry of Electricity in overcoming the summer loads, which didn’t exceed 14,000 megawatts. He added that the Ministry had expected the production to exceed the 14,000-megawatt barrier, pointing to the presence of about 2,000 megawatt between the highest consumption and production of the ministry’s units.
On Kuwait’s directive to complete the electricity linkage with Iraq, he said, officials in the Linkage Authority in the GCC countries are negotiating with the Iraqi side on a continuous basis and “ we expect that these negotiations will ultimately lead to linking Iraq’s electricity grid with the Gulf network and then link with Turkey and Europe on the long-term”. “We are always ready to help our brothers in Iraq, according to the instructions of the political leadership”, he confirmed – KUNA
