WATCHING THE WORLD EMULATING KUWAIT

With Roger Vielvoye from London Kuwait's policy of investing large chunks of its oil revenues in ventures outside the Middle East has earned admiration in many quarters. The acquisition of refining and marketing assets in Europe and now the Far East is the envy of many other oil producing states trying desperately-and belatedly-to set up a downstream base in main consuming areas. Kuwait's latest compliment comes from Norway, which plans to establish its own, much watered down version of

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