How business, doctors and journalists prey on your food anxieties I

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SPECIAL ADVERTISING SUPPLEMENT P.6 „ I Crude oil production during the first quarter of 1995 was maintained at 2 mil!ion barrels a day, the same as in the last quarter of 1994 . The spot price of Kuwait crude averaged $15 .30 per barrel, an increase of 11 % above the 1994 average . Besides potentialiy substantial expansion, there is also the possibility in the near future of foreign participation in domestlc oil production <strong>and</strong> exploration . Some recent reports indicate plans to invest uo to $15 billion over the next tan years to boost crude oil production capacity <strong>and</strong> exp<strong>and</strong> downstream operations . There should be a decision shortly on allowing foreign oil companies ;o participate in exploration <strong>and</strong> production operations for the first time since 1975 . The Oil Minister has indica:ed that the plan is to Invite bids from properly qualified international oil companies by open tender, <strong>and</strong> that the acreage or : offer will not include any already discovered oil-bearing structures . Foreign companies would be responsible for the technical <strong>and</strong> financial r,sks of their activities . Following the completion of repairs to Mina Al-Ahmadi refinery's third The !mpressive Kuwait parliamentary builtling-nome of the Natioral assemblyy crude distiGation unit last year. the upgrading of facilities there <strong>and</strong> at Mina Abdullah <strong>and</strong> Shuaiba Is likely to continue, together with the longer term aim of exp<strong>and</strong>ing capacity outside the countryThere is likely to be a considerab .e growth in KPC's international operations . In Europe it already markets 400,000 barrels a day through its 6,400 08 petrol stations, <strong>and</strong> an expansion in refinery capacity from 130,000 barrels a day to 300,000 barrels a day is envisioned . There are hopes that up to 400,000 barrels a day refin :ng capacity will become available on a joint-venture basis in Asia . Talks are under way with 1* I~ .P .LLa)alsud~uGl.a :9i iFYL N~ila 14lexetmunicatlava Ca . (ICS .C ) companies in China, Indonesia, South Korea <strong>and</strong> Thail<strong>and</strong> . Letters of intent for refinery projects in India <strong>and</strong> Pakistan have already beerr signed . In India the link is withh the state-owned Indian Oil Corporation (10C) for a joint-venture refinery with an initial capaciry of 120,000 barrels a day <strong>and</strong> possible expansion to 250,000 barrels a day KPC <strong>and</strong> IOC would each hold a 26% stake, with the remaining shares to be offered to the public . In Pakistan the partner will be the State Oil Company, <strong>and</strong> the Initiat refining capacity would also be 120,000 barrels a day . WRITTEN BY STUART ARNOLD AND PRODUCED BY ADIL JILLA DF MEIAC, UK . ALWAYS AHEAD IN A FAST MOVING WORLD l 1 6 P.O .Boz 22244 SafoI,130B3 Kuwait Te1 :4842000 2046 1 673409, http://legacy.library.ucsf.edu/tid/agf97d00/pdf
RECEIVE FREE INFORMATION FROM ADVERTISERS IN THIS SECTION Circle the number of each advertiser you would like to know more about <strong>and</strong> drop the card in the mail OR Order informction toll free, 24 nours a day CALL : -800-463-6403 15SUE DATE : AUGUST 14, 1995 Kuwait C 0 M P A N Y(piease circle) 350. Burgan Bank 351 . The Gulf Bank 352. Kuwait Financial Centre 353 . Kuwait Petroleum Coraorafion 354 . Mo'dile Telecommunications Co . OR cx your completed card to us I FAX : X2-422-3165 Act now to receive FREE information about the advertisers in this secfion . 355 . National Bank of Kuwait ~ O~c . OR CALL 1 •800-463-fi903 OR FAX CARD TO 312-922-3165 ~ O> tiz AME FQ TIttE ~ COMPANY ~ ADYEETE aiT fTATE - IIP_ ENUxE ( ) - OFFER EXPIRESNOVEMBER 14, 1995 . http://legacy.library.ucsf.edu/tid/agf97d00/pdf
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The "FlieQerchronogjaph" from IWC .
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ForbesS GUBUST 14. 1995 • VOLUME
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M1i How Many Peopl
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t~a +\ ir,f ressi,e\~ f~er, . Your
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Sarah knows a lot about diabetes .
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`Surprise me . Give me more power t
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1; ,iile "downsizing" rnaiv not be
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Bangkok . . . The beet of both worl
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The disaster cane as no ereat surpr
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Mazda presents a new take on the ol
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"With ail thy getting get underst<s
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ery fifty-6ce minutes Old Faithful
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Other Comments Waffling Away the Ti
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There's a lot than you pro VISION.
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Commentary on events at home <stron
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One of the largest teams at the Oly
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ie niercern.visenr SL-Class . For m
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_ THE STOCK MARKET WILL CRASH ,500
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Rogers and Cronk d
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ket . They're reluctant but hase li
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~ear, cellular operators, dri%en bv
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Remember your first time driving al
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I Toshiba Multimedia /100, 0 sA1
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I ~ , I SOUNDS SO REAL, PEOPLE WILL
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Using phony invoices, importers are
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ADVERTISEMENT 2 THE SKYTEL U .S . C
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ADVERTISEMENT 4 The Golf Club of Ge
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under par, matched a $3,000 first-p
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Riviera Country Club, Pacijc Palisa
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I ADVERTISEME*+'C 10 I o~¢t~G0LPr9
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ADb'ER'TISESiEVf 12 T H E S O U T H
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ADVERTISEMENT 14 The other Pilgrim'
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Wvnstone Golf Club, North Barringto
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ADVERTISEMENT 18 and</stron
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ADVERTISEMENT 20 The Creek Club . L
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ADVERTISEMENT 22 I where they recor
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WE CAN GIVE YOU VIRTUALLY EVERYTHIN
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204G6"13338 BUSINESS REPLY MAIL FIR
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One of the great success stories of
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ADVERTISEiv1E:VT I he son of a free
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i 1_ Comdisco I 9 1 ~ !ohn Vos :cky
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Innkeeper Henry Silverman has hundr
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i i i Patel, Inc. Patel), whose com
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Mylan Laboratories Making tablets i
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OUR FINANCIAL SIDLLS HELPED ONE COL
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IN voVATWE PROJECT FiNANciNG FOR A
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"With the Optra line, Lexmark has e
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Page 115 and 116: Forbes Special Offer r Bill me . -1
Page 117 and 118: A D V E R T I S E M E N T KORE A N
Page 119 and 120: A DV c R T I S E M E N T 2 0 ASIANA
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Page 123 and 124: The supreme irony of World War II-<
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Page 127 and 128: _ World War II Humiliafion Forthese
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