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Kuwait - Shaikh Nasser Al-Muhammad Al-Sabah.

APS Review Oil Market Trends

| June 29, 2009 | COPYRIGHT 2009 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The PM since January 2006, Shaikh Nasser heads the SPC. But like the Emir who is his uncle, Shaikh Nasser rarely gets involved in the petroleum sector, leaving these matters to the oil minister and the latter's executives. But in the new parliament, five members have recently submitted a draft law requiring a change in SPC's formation.

The bill calls for replacing the nine non-government members on the SPC with government officials. MP Hassan Jowhar was on June 26 quoted as saying: "The petroleum sector is state-owneddecisions related to the state's petroleum wealth should be political so the government can take full responsibility". He said a parliamentary committee was ...

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Source: HighBeam Research, Kuwait - Shaikh Nasser Al-Muhammad Al-Sabah.

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