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Ministry of Oil Kuwait

Government Administration

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revenue-icon Revenue
11M - 100M
funding-icon Total Funding
--
size-icon Size
501 - 1000
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Frequently Asked Questions About Ministry of Oil Kuwait

What does Ministry of oil kuwait do?+

In April 1975, His Highness issued an Amiri Decree that separated the Ministry of Oil from the Ministry of Finance and nationalized the oil industry. This decree established the states control over oil resources, culminating in the agreement to transfer all rights of the two companies to the State on March 16th, 1996. This marked the complete control of the State over their interests in Kuwait. Since the early stages of oil production and export, Kuwait has pursued a clear petroleum policy aimed at maximizing the countrys benefits. This policy has evolved in response to developments in the petroleum industry,...

What is Ministry of oil kuwait's industry? +

Ministry of oil kuwait operates in the Government administration industry.

What is Ministry of oil kuwait's revenue? +

Ministry of oil kuwait's revenue is 11m - 100m

What is Ministry of oil kuwait's company size? +

Ministry of oil kuwait has 501 - 1000 employees.

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