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Page added on June 25, 2007

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Kuwait oil minister faces axe but policy to stay

Kuwait’s oil minister could be removed from office after a grilling by opposition MPs Monday, but the Organization of Petroleum Exporting Countries (OPEC) member’s oil policy is not expected to change dramatically, analysts said Sunday.

“I don’t think there will be an immediate policy change in the short term, especially with regards to oil production which is governed by the state and OPEC quotas,” oil expert Kamel Al Harami said.

MiddleEastTimes



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