Kuwait Petroleum Corporation Annual Report

This document is part of the source library for NRGI's 2017 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in 81 oil, gas and mineral-rich countries. To access the full dataset and all other index resources, visit https://resourcegovernanceindex.org.

Data and Resources

Additional Info

Field Value
Extractive Sector Oil and Gas
Country Kuwait
Year 2013
Natural Resource Charter Precept Precept 1: Strategy, Consultation and Institutions, Precept 2: Accountability and Transparency, Precept 3: Exploration and License Allocation, Precept 4: Taxation, Precept 6: Nationally Owned Resource Companies
Document Type Report
RGI Sub-component Licensing
RGI Questions 1.1a: How does the country legally define the ownership of subsoil extractive resources?,
1.1.1c: Is the data disclosed on extractive resource reserves machine-readable?,
1.2.1a: Does the government publicly disclose data on the volume of extractive resource production?,
1.1.8b: From 2015 onwards, have the beneficial owners of extractive companies been disclosed?,
1.2.5b: Do rules specify the royalty rate(s) applying to extractive companies?,
1.4a: What proportion of equity shares does the government own in extractive companies?,
1.4c: What is the name of the largest company in which the government has a controlling share (i.e. an SOE)?,
1.4.2b: Does the SOE publicly disclose how much revenue it transfers to the government?,
1.4.5b: Has the SOE publicly disclosed annual reports on its finances and operations?,
1.4.9e: Does the SOE publicly disclose theĀ costs and revenues deriving from its subsidiaries?,
1.4.4a: From 2015 onwards, did the SOE engage in non-commercial activities (e.g. payments for social services, public infrastructure, fuel subsidies, national debt servicing)?,
1.4b: Does the SOE receive a production share or in-kind payments from extractive companies?,
1.4.8d: Does the SOE or government publicly disclose the names of the companies that bought the production sold by the SOE?
Did this document contribute to RGI scoring? Used for scoring
Are the RGI questions here tagged with law and/or practice Law and
Practice (Both)
Publisher KPC
Author
Source or API link https://www.kpc.com.kw/press/KPCPublications/AnnualReports/AnnualRep2013-eng.pdf
Version 2017 Resource Governance Index
Maintainer Natural Resource Governance Institute
Maintainer Email Natural Resource Governance Institute