Kuwait Parliament: Al Zour Probe

Kuwait’s National Assembly is to launch an investigation into alleged misuse of public funds over the under-construction 615,000 b/d Al Zour refinery, which is due online by 2021. MP Faisal Al-Kandari has put forward the claims and is one of many MPs planning to “grill” oil minister Bakheet al-Rashidi over the matter. Kuwait has a long history of such investigations, and indeed the Al Zour project was previously cancelled in 2009 due to one such probe ( MEES, 23 March 2009 ). Perhaps most infamously, Kuwait had to pay $2.16bn to US firm Dow Chemicals after an investigation led to the cancellation of the $17.4bn K-Dow JV ( MEES, 4 June 2012 ).  (CONTINUED - 133 WORDS)