News Column

Kuwait seeks to increase investments in Europe -- Oil Minister

June 19, 2014



Kuwaiti oil minister Ali Al-Omair visiting the Kuwaiti refinery at Rotterdam



By Nawab Khan

BRUSSELS, June 19 (KUNA) -- Kuwaiti oil minister Ali Al-Omair Thursday visited the Kuwait Petroleum Refinery site at Rotterdam and met the management there and inspected the various departments and installations. Speaking to the Kuwait news agency, KUNA, he underlined the importance of his first visit to the Netherlands and his delight about visiting the refinery.

"We are following one of the major investments for Kuwait in Europe which is at the Rotterdam refinery and hopefully we can succeed in resolving all the problems facing our investments," he said.

The minister praised the young Kuwaitis in the management of the refinery for their hard work and dedication.

Al Omair said he will be meeting with the Dutch foreign affairs minister and the minister of economy tomorrow.

"We hope to have good talks with them regarding Kuwaiti investments in the Netherlands," he said.

"We are looking forward to increasing our investments in Europe and also to overcome all the obstacles that we face," stated Al Omair.

He described Dutch-Kuwaiti relations as "excellent" and noted that the Kuwaiti foreign minister recently visited the Hague to celebrate the fiftieth anniversary of diplomatic relations between the two countries.

"Our foreign minister had good and fruitful talks with the Dutch side and we hope to strengthen our relations," he added.

The minister is accompanied by Nizar Aladsani, head of the Kuwait Petroleum Corporation, Bakheet Al Rashidi, head of Kuwait Petroleum International (KPI), Khaled Al Mushaileh, acting vice president of KPI Europe, Adnan Al Qallaf Group manager-stakeholder management KPI, Eman Al Sabah, and manager in the oil minister?'s office, Khaled Al-Saee.

Kuwait?'s ambassador to the Netherlands, Hafeez Al-Ajmi, and advisor at the embassy Ali Althaidi also attended the meetings at the Rotterdam refinery.

The Kuwaiti delegation was welcomed by the managing director at the Kuwait refinery at Rotterdam, Wael Salmeen. (end) nk.ajs

All KUNA right are reserved


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Kuwait News Agency


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters