Wednesday 9 March 2011

Kuwait Energy chief calls sweeping change ‘positive’ | Energy Source – FT.com


Sara Akbar, chief executive of Kuwait Energy, an independent oil and gas company focused on the region, brought to the IHS Cambridge Energy Research Associates’ annual energy conference in Houston what she called a “view from the street” on the North Africa/Middle East tensions.
Akbar said that although the region was made up of disparate countries, they had enough similarities that one spark had set off change throughout. Even in Kuwait – which she noted had a very stable political system – there were calls for change.And the calls across the region, she said, were welcome:
This is a big, positive step to the future. Everyone is very happy with what is happening. We see the end to dictatorship…. It will enhance the economies of the region…. It will be a bumpy road for all… It will take a long time to get there, to have stable democracies. That is what we want to be. We want to be real countries.


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