Kuwait To Clarify Its Oil Reserves Within Days – Oil Min

(Dow Jones)- Kuwait’s new Oil Minister Sheikh Ali Al Jarah Al Sabah said in his first public statement Tuesday that the country would clarify its actual oil reserves, following a report that they stood at less than half the claimed volume.

In a statement published on the Kuwait Oil Ministry’s Web site, Sheikh Ali said he had “undertaken to clarify the truth and volume of Kuwaiti oil reserves” for lawmakers and ministers over the next few days.
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