Anas al-Saleh named as acting oil minister
Kuwait has replaced its oil minister, according to a royal decree that was published by the state-controlled news agency, KUNA, on 30 November.
Anas al-Saleh has become acting oil minister, replacing Ali al-Omair who has served as oil minister since January 2014.
Anas al-Saleh has served as finance minister since January 2014 and still holds the position. He is a former chairman and managing director of Kuwait Chamber of Commerce and Industry (KCCI).
Kuwait hasnt given a reason for replacing Al-Omair.
The replacement of Kuwaits finance minister comes ahead of an Opec policy meeting on 4 December.
Kuwait orders probe into oil ministry leak
State-owned Kuwait Gulf Oil Company (KGOC), which represents Kuwait in the Divided Zone, has ordered an immediate investigation to try and determine who leaked confidential correspondence between Kuwaiti Oil Minister Ali al-Omar and his Saudi counterpart Ali al-Naimi.
The letter from Al-Omair asked Al-Naimi to resume production at the Khafji oilfield in the Divided Zone and was published by Kuwaiti press on 29 July.
The leak has been very embarrassing for the oil ministry and Kuwait as a whole, said one senior public sector source. The leak is very damaging for relations between the oil ministry and the state-owned oil companies.
Over the first half of 2015 a dispute over political appointments to the board of Kuwait Petroleum Company (KPC) led to increasingly poor relations between the oil minister and the CEO of KPC, Nizar Mohammad Al-Adsani Read More.
You might also like...
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.