KUWAIT: Kuwait's heavy oil sales had been stopped for three months now due to the laxity of KOC's marketing officials. Informed sources noted that over two million barrels of heavy crude oil had been loaded into vessels and tankers, which in turn, had been docked in Kuwaiti ports waiting to be sold.
The sources added that Kuwait had no proper ports to export this kind of oil due to its hazardous nature. "The only way to export it was through Saudi Arabia by CHEVRON Co.," explained the sources noting that the latter had unexpectedly canceled its contract one year earlier than its expiry date.
Furthermore, the sources stressed that Kuwaiti officials had contacted Chevron demanding that oil be exported in order to avoid the highly hazardous environmental impacts of keeping it in vessels at Ahmadi port, which is very close to the densely inhabited Al-Kout Complex.
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