Latest news with #TariqAl-Roumi
Kuwait Times
10-07-2025
- Business
- Kuwait Times
oil market stable, outlook positive despite challenges
Minister of Oil Tariq Al-Roumi VIENNA: Kuwait's Minister of Oil Tariq Al-Roumi said on Thursday that the global oil market is witnessing remarkable stability, with relatively stable prices and increasing demand. In a statement to KUNA, during the Ninth OPEC International Seminar currently held in Vienna, Al-Roumi expressed his optimism about the market's future in the near and medium term, noting the market's ability to absorb any potential increases in demand. The minister said the market is currently experiencing a period of relative balance, explaining that prices are stable and demand is on the rise, noting that this impression was also shared by the majority of participants in the discussions held at the seminar. On the recent increase in supplies by some OPEC+ countries, Al-Roumi said that the move came as a result of concerns about price levels, but it contributed to maintaining price stability and there was no real need to pump additional quantities. He emphasized that the current market fundamentals, in terms of the balance between supply and demand, are reassuring, despite the difficulty of accurately predicting price levels. Al-Roumi said that the seminar provided an opportunity for in-depth dialogue and bilateral meetings with leaders and influential figures in the energy sector. — KUNA
Zawya
24-03-2025
- Business
- Zawya
Minister Al-Roumi calls for Kuwaitization of oil sector
KUWAIT CITY - Oil Minister Tariq Al-Roumi has stressed the need to Kuwaitize the oil sector in the coming years, particularly since the nationals working in the sector are creative and excellent. Sources disclosed that the minister made the statement two days ago, during his meeting with the Board of Directors of Kuwait Oil Company (KOC) Workers Union. Sources said the minister also underscored the importance of creating a good work environment for nationals. Sources affirmed that the minister listened to the demands of the employees through their union. Sources added the minister praised the efforts exerted by the nationals working in the oil sector --whether at KOC or elsewhere; stressing these employees are the nation's real wealth, especially since they are the foundation of the future. Sources also quoted the minister as saying that all the demands of the workers will be met. By Najeh Bilal Al-Seyassah/Arab Times Staff Arab Times | © Copyright 2024, All Rights Reserved Provided by SyndiGate Media Inc. ( arabtimes
Arab Times
22-03-2025
- Business
- Arab Times
Al-Roumi calls for Kuwaitization of oil sector
KUWAIT CITY, March 22: Oil Minister Tariq Al-Roumi has stressed the need to Kuwaitize the oil sector in the coming years, particularly since the nationals working in the sector are creative and excellent. Sources disclosed that the minister made the statement two days ago, during his meeting with the Board of Directors of Kuwait Oil Company (KOC) Workers Union. Sources said the minister also underscored the importance of creating a good work environment for nationals. Sources affirmed that the minister listened to the demands of the employees through their union. Sources added the minister praised the efforts exerted by the nationals working in the oil sector --whether at KOC or elsewhere; stressing these employees are the nation's real wealth, especially since they are the foundation of the future. Sources also quoted the minister as saying that all the demands of the workers will be met.
Arab Times
09-03-2025
- Politics
- Arab Times
Kuwait Civil Aviation calls for action to address bird threat
KUWAIT CITY, March 9: The General Authority of Civil Aviation has raised alarms over the gathering of birds of prey near the airport, leading to the declaration of a state of emergency at the airport runway. The authority is urging relevant agencies to take immediate action to address the issue. In a letter to the Minister of Oil and Chairman of the Supreme Council for the Environment, Tariq Al-Roumi, the Acting Director General of the Public Environment Authority, Eng. Iman Al-Kandari, highlighted the growing concerns related to the congregation of birds on the airport runway. Al-Kandari's letter outlined complaints from the Directorate General of Civil Aviation regarding the presence of birds of prey near the airport, posing significant safety risks. In response, a coordination meeting was held with representatives from the Civil Aviation Authority, Kuwait Municipality, the Environment Public Authority, and the Kuwait Environmental Lens team. The meeting focused on finding solutions to the problem of birds gathering on the runway. Al-Kandari emphasized that the presence of birds on the airport runway presents serious risks, as the birds could enter aircraft engines, potentially leading to engine failure, crashes, and other dangerous consequences. This has prompted the state of emergency at the airport. Experts from the Kuwait Environmental Lens team, who monitor bird movements, have been consulted to contribute to finding solutions to the problem. In the short term, one proposed solution is to relocate trees, currently 1.4 km from the airport runway, that are frequented by kites (Hadidah) for rest and sleep. The plan is to move these trees to a site south of the Seventh Ring Road landfill, about 6.4 km from the airport. This would allow the birds to rest near their feeding area without returning to locations close to the airport. Authorities are also recommending that waste in the area be tightly covered at all times, with stricter control measures at Kuwait Airport, the Subhan factories, and the Jleeb slaughterhouse. Coordination with the Public Authority for Agriculture and Fish Resources is necessary to remove barns located near the Seventh Ring Road, which attract birds. For long-term solutions, experts have suggested moving leafless trees (mashla'a) near the airport, which birds use for resting. Additionally, relocating the Jleeb Al-Shuyoukh slaughterhouse to a site farther from the airport, designing tightly sealed waste rooms for the Subhan food area, and ensuring waste is disposed of at night are recommended. Coordination with the Directorate General of Civil Aviation to implement bird-repelling devices around the airport is also crucial. This coordinated effort aims to mitigate the risks posed by birds near the airport and ensure the continued safety of air traffic.
