Tag: petrol
Implementing new fuel prices – KD 70 Millions
By lifting the subsidies on fuel, the country has managed to save KD 70 million in its third month since the decision to implement new fuel prices came into effect, reports Annahar daily quoting trusted governmental sources.
Kuwait decided to give “Free petrol” each month
The Kuwaiti government agreed to compensate citizens for hiking petrol prices in a plan to “partially liberalise” the fuel subsidy, Parliament Speaker Marzouq Al-Ghanem said on Wednesday.
20 KWD compensation coupons for fuel price
Many economists have criticized the idea of granting KD 20 for each citizen who holds a driving license as compensation for the fuel price hike, pointing out that cancellation of the new prices is better and the cost is lower, reports Al-Jaridah daily.
Girl dancing and holding a hose for protest
Video clip of a Kuwaiti girl holding a hose and dancing at a petrol station went viral on social media as she protested against the new fuel prices.
New prices of Gasoline in Kuwait
Ministry of councils approved the removal of subsidies on gasoline from the 1st of September.
It is expected the fuel price hike on April 1, 2016
As per Arabtimes, The Ministry of Finance is expected to implement the proposed fuel price hike on April 1, 2016 since the National Assembly has already approved the Economic Reform Document, reports Al-Anba daily quoting senior official sources.
Discovered new huge oil reserves in Kuwait
Kuwait has discovered large quantities of crude oil in several strategic areas that could potentially increase the country’s production levels to 3.3 million barrels in two years, Al-Khaleej has reported. Continue Reading »
