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KPC board looks into conflict of interest

Kuwait Petroleum Corporation (KPC) on Wednesday held a meeting under chairmanship of Oil Minister, Minister of Electricity and Water and the board chairman, Bakhit Al-Rasheedi.

Participants in the meeting discussed mechanism of implementing Law 13/2018 with respect of conflict of interests and impact on work conduct, applied in the oil sector.

Official Spokesman of the Oil Sector, Sheikh Talal Khaled Al-Ahmad Al-Sabah, said in a statement that the board members discussed the agenda and proceedings for operating the Vietnam refinery.

Sheikh Talal Al-Khaled indicated that they also discussed funding some strategic ventures and looked into organizational and administrative issues related to overhauling operations at the KPC and its subsidiaries.

Source: Kuwait News Agency