KUWAIT-OIL-ECONOMY-ENVIRONMENT

Chief Executive Officer of the Kuwait National Petroleum Company (KNPC) Mohammad Ghazi Al-Mutairi (L) and Chairman and Representative Director of Japan's JGC Corp-led consortium Keisuke Tkeushi (R), shake hands during the signing ceremony of the Clean Fuel Project (CFP) contract on April 13, 2014 at the head office auditorium in Kuwait city. Kuwait National Petroleum Co had awarded a $12-billion project to British, US and Japanese-led consortia on February 2014 to boost capacity at oil refineries and make production more environmentally friendly. Work on the three-part project for KNPC to upgrade refineries while reducing sulphur and carbon pollutants is expected to be completed in five years. AFP PHOTO / YASSER AL-ZAYYAT (Photo credit should read YASSER AL-ZAYYAT/AFP via Getty Images)