Farouq Hussein Al-ZankiChief Executive Of�cer

Dialoguewith CEO

In the beginning of my speech, I would like to congratulate, on behalf

of myself and all the Kuwaiti oil sector’s personnel, HE Dr. Mohammed

Mohsen Al-Busairi, Oil Minister, State Minister for Parliament Affairs,

and Chairman of KPC board of directors, on the trust that HH the Amir

Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and HH the Prime Minister

Sheikh Nasser Al-Mohammed put in him to undertake the ministry’s

responsibility.

I’d like further to congratulate you, dear colleagues, on successes you

achieved. These successes have been epitomized in the profits which

were fulfilled during the financial year of 2010/2011 as it reached KD2

billion. These profits registered a hike estimated to 143.4%. This hike

is 100% more than its counterpart of last year. Moreover, the marginal

profit reached 6.9% and the revenue of shareholders is estimated to

12.0% as well as the revenue of the invested capital worth 11.5%.

Indisputably, these consecutive successes are the result of incessant

efforts, constructive cooperation, non-stop work and the spirit of

teamwork stemmed out from people have estimated the responsibility

that they shoulder. Consequently, they have believed in the work they

undertake and achieved, as a result, success. Therefore, we are proud

of them and we bid them to be proud of what was accomplished last

year too. Additionally, we urge them to exert more efforts to achieve

the desired ambitions of our nation and fulfill the pivots and plans of

2030 strategy which is aimed to achieve new specific leap for the oil

sector and our beloved Kuwait.

113

1414

2

8

12

15 22

88

In This Issue..

By Al-Khat Printing Press

�Events

In This Issue

Training & Career Development

Compensations Window

KPC News Team:Media Relations Dept.

Fax: 24994991Email: media@kpc.com.kw

HE Dr. Mohammed Al-Busairi, Oil Minister, receiving congratulators

Waleed Al-Abduljilil: Keeping work in progress under the tragic incidents of Japan re�ected the deeply-rooted Kuwaiti-Japanese bilateral relations

Natural gas is oil’s alternative

2

E v e n t s

HE Dr. Mohammed Mohsen Al-

Busairi, Oil Minister, State Minister

for Parliament Affairs and Chairman

of KPC board of directors received on

Sunday May 15, 2011 at the oil com-

plex’s Diwaniya congratulators from

the oil sector’s personnel besides dig-

nitaries. The congratulators extended

their delight with the trust that HH

the Amir Sheikh Sabah Al-Ahmad

Al-Jaber Al-Sabah put in the minister

to undertake the responsibility of Oil

Ministry.

It is mentioned that a large number of

senior officials from the oil sector and

personnel from the corporation and Oil

Ministry attended the reception party.

HE Dr. Mohammed Al-Busairi receives congratulators in the oil complex's Diwaniya

3

Under the patronage of Deputy Pre-

mier of Economic Affairs, State Min-

ister for Housing and Development

Affairs Sheikh Ahmad Al-Fahd, Ku-

wait Petroleum Corporation (KPC)

took part in the 11th Financial and

Islamic Institution Conference which

was held in the Regency Hotel on

Wednesday April 27, 2011.

In his inaugural speech, Al-Fahd

made clear that the oil revenue is still

the key financer for the country’s

general budget. This however caused

some deformations in the economic

structure which should be handled as

fast as possible; otherwise this will

lead to negative impacts within the

coming few decades.

Indicating the aforesaid results are

confirmed by the international con-

sultations houses, Al-Fahd said, “We

11th int’l financial and Islamic institutions confab inaugurated in participation of KPC

Al-Fahd: Oil revenue is the key provider for the country’s general budget

are rehabilitating and reinforcing the

concept of development through ap-

proving legislations and laws to iden-

tify the general frame of the plan.”

He added this step is considered the

beginning of the road for much bril-

liant future since the plan addressed

the shortage in the educational and

healthful infrastructure which the

country suffers from.

4

E v e n t s

Deputy Chairman of board of di-

rectors and Chief Executive Officer

of Kuwait Petroleum Corporation

(KPC) Mr. Farouq Al-Zanki pro-

mulgated that the corporation has

achieved lucrative profits worth

CEO announces the profits of the fiscal year 2010/2011

KD2 billion with an estimated hike

of 143.4% over the profits expected

in the budget, with a 100% increase

compared to the previous year.

Thus, the marginal profit which

KPC achieved is 6.9% and the due

revenue of shareholders is 12.0%;

whereas the revenue of the invested

capital is 11.5%.

It is worth mentioning that the op-

erational profits reached 84.8% of

the net profit; whereas the remaining

percentage, which is 15.2%, repre-

sents the net revenues of investment

and other revenues.

Moreover, the rate of growth in rev-

enues, property and assets reached

21.8%, 13.6% and 16.9% respec-

tively. In addition, KPC investments

in the capitalistic projects reached

KD1.6 billion.

Indisputably, these achievements

have been fulfilled thanks to the

devoted efforts of the oil sector’s

personnel who spared no effort to

accomplish this concrete success.

For example, some of those person-

nel sought to reduce the suspension

days to perform the scheduled and

non-scheduled maintenance, others

were keen on improving the quality

of production and products as well,

and some other personnel sought to

achieve direct investments to fulfill a

financial and operative added value.

Moreover, others searched for pen-

etrating markets of high revenue, the

matter led to improving performance

and achieving distinguished results

this year.

Kuwait Petroleum Corporation (KPC) took part, through

a higher delegation headed by its CEO Mr. Farouq Al-

Zanki, in Offshore Technology Conference which was

held on 2-5 May, 2011 in Houston, Texas City.

In his inaugural speech, Al-Zanki expressed his pleasure

with participating in the conference, posing at the same

time the corporation’s visions about building the energy

future under the international increasing need to sustain-

able energy resources. He pointed out that energy securi-

ty depends focally on two substantial elements; competi-

tive prices and perpetual supplies particularly under the

ostensible hike in crude oil prices internationally.

He underscored the international interest to develop new

kinds of fuel used to generate electricity under the inces-

sant hike in fossil fuel prices as well as its participation in

decreasing the threat of the global warming phenomenon;

the matter has given back hopes to achieve international

development in nuclear energy field.

Commenting on the essential role which KPC plays un-

der the international turmoil and unrest taking place re-

cently, Al-Zanki stressed KPC is part of the world and it

pays devotedly special concern to the future of energy;

Through higher delegation, in Offshore Technology confab , Houston Texas

Al-Zanki poses KPC visions about building new energy future

therefore, “we are committed to fulfilling our role in

the international market to provide a reliable product.

This concern puts on the shoulders of the Kuwaiti oil

industry big challenge requires diligent efforts to ac-

complish it through investing in the field of developing

the technology of exploration and drilling. Accordingly,

the corporation seeks dutifully to reinforce its relations

with the international oil companies."

5

Mr. Hashim El-Rifaai, Managing Director

of Planning and Chairman of Oil Develop-

ment Company’s (ODC) board of direc-

tors, received in his office Monday morn-

ing May 2, 2011 a media delegation from

Turkish Milli Gazette newspaper to hold an

interview about the Kuwaiti-Turkish rela-

tions.

The delegation posed several questions con-

cerning oil prices, their hike and impacts on

the international economic growth. In ad-

dition, they underscored projects concern

mutual Kuwaiti-Turkish collaboration in

oil field currently and in the future.

Mr. Hashim and the delegation exchanged

cordial speech during the meeting.

To shed light on common projects between the two countries

Hashim El-Rifaai receives Turkey’s media delegation

Financial and Administrative sector orga-

nized, in coordination with Earnest Young,

which is an international Auditing Co, an

introductory lecture for its employees to let

them be acquainted with the new programs

of improving the sector’s employees’ effi-

ciency on Monday April 18, 2011 at the au-

ditorium of the oil complex.

This lecture emerges from KPC’s keenness

on rehabilitating the national personnel to

enable them to confront the challenges of the

future under the 2030 development strategy.

On her part, Mrs. Hanaa Al-Sumai’e, Deputy

Managing Director of Financial and Admin-

istrative Affairs sector, welcomed the atten-

dants indicating that KPC seeks necessarily

to develop the organizational structure of its

departments and the entire oil sector. Thus,

it has approved a number of modifications

on the policies of these departments. Conse-

quently, the corporation has initiated apply-

ing the project of manpower which depends

focally on holding an elaborate comparison

for the most significant procedures taken in

this domain between KPC and its subsidiar-

ies and Equate Co.

Meanwhile, Mrs. Ebtihaj Al-Wazzan, Man-

power Studies Department Team Leader,

stressed the importance of this project in the

corporation and the entire sector, clarifying

the coming phase from the project will com-

mence with assessing the employees’ com-

petence to identify the quantity of knowl-

edge and information they have. The project

will be carried out through new methods can

identify efficiently the required proficiencies

for each specification starting new graduates

up to managers and team leaders so as to

establish capabilities cope with the require-

ments of their duties.

It is mentioned that the lecture underlined

four explanatory proposals of officials from

Earnest Young Co that is in charge of follow-

ing up the project.

On mechanism of executing its program of developing efficiencies

Financial & Admin Affairs sector organizes introductory

lecture for its staff

6

E v e n t s

Kuwait Petroleum Corpora-

tion (KPC) and Kuwait Institute

for Scientific Research (KISR)

signed five contracts of common

research projects in oil refining

field to assist Kuwait National

Petroleum Company (KNPC) on

Wednesday May 11, 2011.

This step is stemmed out from a

general cooperation agreement

signed between KPC and KISR in

April 2005 to confirm the keen-

ness of KPC and its subsidiaries

to achieve desired goals through

applying the most-functioned

technologies related to the opera-

tions of preserving environment

and protecting the health and

safety of its personnel as well as

the surrounding community.

Mr. Hashim El-Rifaai, Managing

Director of Planning, said KPC

pays special interest to research

and development field in order to

develop the operational process-

To achieve a number of research projects

KPC signs cooperation protocol with KISR

es in the Kuwaiti oil sector besides

patronizing the related researches

and developmental activities.

Thus, the corporation seeks al-

ways to apply creative techniques

in the entire oil sector’s operations

which include comprehensive and

long-term programs for investing

in research and development field

for the good of its objectives allot-

ted in the 2030 strategy.

He stressed the importance of

strengthening cooperation and

coordination with research insti-

tutions and authorities inside and

outside Kuwait to exchange infor-

mation and experiences related to

the oil industry so as to establish

the national self-abilities. This

will also enable the Kuwaiti oil

sector to take part in implement-

ing related programs and projects

serve thoroughly the Kuwaiti oil

sector. However, these goals are

included as items in the contracts

signed with KISR, noted he.

Meanwhile, Dr. Naji Al-Mutairi,

KISR Manager, said, “Such con-

tracts have crowned the inces-

sant cooperation for long years

between KISR and the oil sector

particularly in issues concerning

oil refining in order to acquire the

best methods in such field to im-

7

prove the efficiency of production

and thus it is easy to get oil prod-

ucts pursuant to the changeable

international criteria and speci-

fications particularly in the envi-

ronmental side.”

He hailed the constructive cooper-

ation with KPC particularly with

KNPC as it is considered an illus-

trious model for the other institu-

tions of the country.

He detailed the issues included

in the five contracts as follows:

1- The overlapped influences of

hydrogen sulfide and chloride ions

on the shattering stress of acetynic

solid which resists rust.

2-The deep hydrogen treatment to

de-sulphurate from the feed of oil

gas which is produced from Ku-

waiti heavy oil in order to produce

diesel with ultra sulfur.

3- The influence of the type of

feed and ammonia on the perfor-

mance of catalysts used in the hy-

drogen shattering processes.

4- To use separate technologies to

improve the performance of the

reactor of the unit of replacing

catalysts to de-sulphurate the oil

residues affiliated to Mina Abd-

dullah Refinery.

5- To assess and control the growth

of microbes in KNPC oil depots –

the first phase: The quantitative

and qualitative assessment for mi-

crobes in oil depots.

It is mentioned that those projects

whose budget worth KD1 million

and half have been crystallized due

to the intensive efforts of Higher

Research and Development Com-

mittee which was formed in 2003

in participation of KNPC and

KISR. The results of these projects

are very essential for the industry

of oil refining field currently and

in the future to achieve an ample

economic benefit in this domain.

The signing ceremony was attend-

ed by several officials who repre-

sented KPC and KISR. The cor-

poration was represented by Mr.

Hashim El-Rifaai, Mr. Moham-

med Al-Ramadan, acting Deputy

Managing Director of Research

and Technology Department, Mr.

Fahd Nouri, Research and De-

velopment Department Manager,

Mr. Ahmad Al-Jemaz, DMD of

Al-Shuaiba Refinery, Mr. Nasser

Al-Shamma’, Technical Services

Department Manager at Mina Ab-

dullah Refinery, Mr. Khalid Al-

Mushaileh, Corporate Planning

Manager at KNPC and Dr. Soad

Al-Radwan, Research and Tech-

nology Activities Coordinator.

KISR was represented by Dr. Naji

Al-Mutairi and a number of senior

officials.

8

I n T h i s I s s u e

Waleed Al-Abduljilil: Keeping work in progress under the tragic incidents

of Japan reflected the deeply-rooted Kuwaiti-Japanese bilateral relations

Under the recent tragic incidents which

hit Japan and led to catastrophic results

influenced negatively its economy and

infrastructure, Kuwait Petroleum Corpo-

ration (KPC) represented by Tokyo Of-

fice took an appreciable humanitarian sit-

uation in this regard. Many international

companies working in Japan failed unfor-

tunately to adopt this stance which is rep-

resented in the insistence of the office’s

staff to resume their duties under these

tough circumstances which engulf their

safety there. This stance was evidence on

the employees’ devotion and capability to

undertake responsibility. Thus, they have

become a good example not only in nor-

mal situations but also in hard times.

About positions in Tokyo Office, KPC

Newsletter communicated with Mr.

Waleed Al-Abduljilil, Tokyo Office

Manager, who assured us about the of-

fice staff and its activities their; however,

he replied clearly to the following ques-

tions:

First of all, Could you assure us about

the office’s staff?

Earthquake hit Tokyo during working

hours, whereby the building rocked for a

long time. But thank God, there were no

casualties in the office, or any damage to

the building.

How could the office’s team manage

to adapt with the hard circumstances

that hit currently Japan?

In the beginning, there was disruption

to some train lines (the blood-line of

transportation in Japan), which resulted

in staff suffering from increased com-

muting time. Since there was a chain of

aftershocks, we sorted to alternative at-

tendance in order to reduce risks to em-

ployees. As for food and basic services,

no shortage was noticeable in Tokyo.

What is the role which the office per-

forms under the current crises which

hit Japan?

Our office communicated with custom-

ers’ requests in order to help them cope

with the situation. It is to be noted that

level of KPC’s flexibility exceeded ex-

pectations, especially for prompt requests.

Furthermore, we were commented by our

customers for not closing the office, as it

demonstrated our solidarity with Japan in

its dilemma.

Have the tragic catastrophe influenced

the Kuwaiti-Japanese commercial and

economic relations?

There is some decline in Japan’s exports,

as well as refining rates. But this is only

temporary, since industrial facilities are

expected to resume normal operating lev-

els before the end of the year.

9

Our commitment to meet

obligations on time took part

in pushing forward the wheels

of development in Japan

Under the Kuwaiti contributions to

Japan, how can perceive the future

bilateral relations between the two

countries?

Japan is one of the oldest and largest

strategic partners in the region. Bilat-

eral relations started commercially

before establishing diplomatic ties,

which gives it a unique status. Ku-

waiti aid for Japan further deepens

the relations between the two coun-

tries, which is a mere reciprocation to

Japan’s efforts and contributions for

the liberation of Kuwait.

Finally, we would like to express

sincerest gratitude for receiving over-

whelming supportive messages, es-

pecially the daily support from Mr.

Abdullatif Al-Houti and Mr. Fahad

Al-Nashmi since the beginning of the

crisis.

10

E v e n t s

Kuwait Petroleum Corporation ap-

proved a deal to bolster cooperation

with Indonesian Pertamina Co in in-

formation systems field.

This came in the frame of developing

the bilateral relations between KPC

represented by International Market-

ing sector and Indonesia represented

by Pertamina Co.

In this context, KPC hosted on Mon-

day May 2, 2011 a higher delega-

tion from Pertamina Co including 47

members from the various depart-

ments that are in charge of informa-

tion developing systems which are

applied in KPC and pursuant to the

international criteria approved in in-

ternational companies.

It is worth mentioning that Pertamina

selected KPC in general and Interna-

tional Marketing sector in particular

To avail of programs and systems approved in KPC and its subsidiaries

Int’l Marketing sector hosts delegation from Indonesian Pertamina Co

to avail of its experience thanks to the

highly qualified international systems

which the corporation applies. These

systems have made it an international

example in all fields.

Undoubtedly, Training and Career

Development sector has exerted tre-

mendous efforts to coordinate among

the corporation and its subsidiaries to

ease the task of the visiting delega-

tion in addition to gearing up a distin-

guished scientific program that can

enable the delegation to avail of pro-

grams and systems applied in KPC

and its subsidiaries. It is aimed also to

let the delegation avail of the illustri-

ous Kuwaiti experiences working in

Information Technology (IT) field.

International Marketing sector rep-

resented by Supply Operations De-

partment held a meeting on Thurs-

day April 14, 2011 at Al-Rawdhatain

Ballroom in the oil complex to cel-

ebrate its achievements fulfilled dur-

ing the financial year 2010/2011.

On her part, Mrs. Ghadeer Al-Qadfan,

Supply Operations Department Man-

ager, thanked in her keynote speech

the department’s employees for their

tremendous efforts exerted through-

out the year, hoping them to keep put-

ting forth efforts to achieve efficiently

the department’s goals of the coming

financial year. She announced also

activating the operational plan of the

new financial year which came to ef-

fect in February 2011, indicating the

plan is aimed to develop work in all

fields of the department to cope with

the sector’s strategic plan and the fu-

Supply Operations marks its annual achievements

ture ambitions.

The celebration included an elaborate

explanation about the new operation-

al plan, its work mechanism and the

tasks of each committee. It is worth

mentioning that the higher adminis-

tration of the department was keen

on enabling all its staff to take part in

carrying out the plan to apply it per-

fectly.

In the same context, Mr. Jamal Al-

Loughani, DMD of International

Marketing sector, honored the ideal

employees and thanked all personnel

for their efforts which participated in

fulfilling the achievements of the de-

partment and sector in particular and

the oil sector and KPC in general.

11

Pursuant to KPC environment strat-

egy which is aimed to control the

emissions of CO2, International

Relations Department held, in coop-

eration with Training and Career De-

velopment Department and Booz &

Company Management Consulting,

a training course dubbed “KPC pre-

pares for a future with less carbon”

for the members in charge of carry-

ing out the strategy on 10-14 April,

2011 at KPC Training Center.

The program included the contents

of the strategy and all related issues

such as the international negotiations

concerning climate change such as

Kyoto protocol; in addition to the

mechanism of commercial exchange

for the plates of reducing emissions

and investment opportunities avail-

able in the frame of Clean Develop-

ment Mechanism besides other mar-

keting mechanisms. There are also

other proposals and recommenda-

tions to control these emissions and

chances of preserving the consump-

Organized by Int’l Relations, Training sector

Training program held for the team of CO2 Emission Dept.

tion of energy and reinforce its ef-

ficiency as well as harnessing clean

technology in this domain.

Mr. Atef Al-Jameeli, International

Relations Consultant and Team

Leader, briefed about the main bases

of the course and the mechanism of

implementing it, pointing out that the

general frame of the program was al-

lotted by Mrs. Rasha Ma’rafi, Inter-

national Relations Team Leader and

Deputy Chairperson of the workshop

and Mr. Narwish Ecor from Booz.

Finally, Mr. Bader Suod Al-Sumait,

Deputy Managing Director of Priva-

tization, honored the team members

and foreign consultants. In addition,

appreciation certificates were distrib-

uted to them for their efforts through-

out the training course.

Among the series of introductory

lectures through which Kuwait Pe-

troleum Corporation (KPC) bolsters

its communication with the institu-

tions of the civil society, Mr. Mo-

hammed Khider Al-Shatti, Manager

of CEO office gave a lecture to the

students of Engineering and Petro-

leum Faculty, Kuwait University on

Wednesday April 28, 2011.

The lecture, which underscored the

corporation’s activities in oil and its

distillates as well as the geopoliti-

cal circumstances that influence oil

prices and ways of pricing the Ku-

waiti oil in various markets, came

in tune with an invitation from Dr.

Ali Akbar, Engineering Department

Head at Engineering and Petroleum

Faculty.

In this context, Al-Shatti gave an-

other lecture dubbed “Reflections

of the unrest in the Arab region on

oil prices” to the students of Social

Sciences Faculty. He highlighted the

new developments in oil prices in the

international markets, their connec-

tion to the political and economic in-

cidents and the expected scenarios of

oil prices within the coming phase.

It is mentioned that the lecture came

in respond to an invitation from Dr.

Obaid Al-Otaibi and Dr. Abdulreda

Aseeri.

Al-Shatti lecturing about KPC activities and oil prices in KU

12

T r a i n i n g & C a r e e r D e v e l o p m e n t

Sheikha Shatha Nasser Al-Sabah, Managing Di-

rector of Training and Development sector, signed

a cooperation protocol between Kuwait Petroleum

Corporation (KPC) and the Government Manpow-

er and Restructuring Program (GMRP) to train and

rehabilitate the Kuwaiti students.

This comes in tune with KPC keenness on adopt-

ing the youth and distinguished energies and in

tune with its social responsibility towards the in-

stitutions of the civil society.

On this occasion, Sheikha Shatha said, “KPC be-

lieves that oil is not its only resource since the real

resource is manpower that takes part in developing

the oil industry. Therefore, it has allotted a strate-

gy to train inclusively and rehabilitate the national

personnel as well as improving their efficiency.”

The ideology which Training and Development

sector espouses in the corporation is aimed to sus-

tain and develop the national personnel to meet the

requirements of labor market efficiently. It also

encourages the self-initiatives which are aimed to

perk up education and development in the oil sec-

tor and other various sectors in the country, added

she.

On his part, Mr. Abdullatif Al-Houti, Planning and

Career Development Department Manager, con-

firmed that signing this protocol is among the sec-

tor’s plan which is aimed to strengthen KPC’s status

in the field of serving the civil society. He clarified

that the sector has geared up a comprehensive plan

includes a training program for the students partic-

ipating in the corporation’s various departments.

Accordingly, the students have been instructed to

achieve daily activities and submit ideas and plans

aimed to improve work level through the principle

of teamwork’s spirit among trainees and depart-

ments in charge of training them.

He further indicated that KPC represented by

Training and Career Development sector spares no

effort devotedly to provide ample opportunities to

support all scientific and academic specifications

and authorities such as Kuwait University (KU),

Public Authority for Applied Education and Train-

ing (PAAET) anad Loyac program.

Cooperation protocol between KPC & GMRP inked

13

Training and Career Development

sector hosted on Tuesday May 10

at the Diwaniya of the oil complex

the Lebanese lawmaker Joseph

Maalouf.

Mr. Abdullatif Al-Houti, Training

and Career Development Depart-

ment Manager, welcomed warmly

Maalouf adding the sector is keen

on hosting occasionally interna-

tional lecturers to cope with the

latest development in the field of

career development. This tenden-

cy has been applauded by the per-

sonnel of KPC and its subsidiar-

ies, indicating the workshop sheds

lights on the following pivots:

1-Identifying the personal types

and how they influence the self-

image and relations.

2-Understanding the conflicts,

their reasons and reflections on

the organizational performance.

3-Developing communication be-

haviors to assure sympathy when

handling a conflict.

4-Getting the technology of ne-

gotiation to provide an equivalent

solution.

On his part, Maalouf initiated the

workshop with posing a number

of definitions for the term of con-

flict. He indicated that the conflict

in management field resulted from

the inability of the senior official to

communicate with his employees

and fail consequently to represent

them. “Definitely, conflicts are

not totally negative since there are

some directives encourage variety

Workshop on “Conflicts Management” held

Training sector hosts Lebanese MP Joseph Maalouf

in viewpoints harmoniously, calmly

and cooperatively for the good of

achieving the organization’s goals

and improving the employees’ col-

lective performance,” added he.

He stressed the importance of dia-

logue in the practical life and the

effective communication in solving

all crises.

It is mentioned that the workshop

underscored the experiences of

three of KPC senior officials; Mr.

Fahd Al-Nashmi, DMD of Crude

Oil Sales and Light Distillates, Mr.

Ali Murad, Public Relations Man-

ager, and Mr. Abdulaziz Sultan, In-

formation Technology (IT) Depart-

ment Manager.

14

O i l C u l t u r e

Natural gas is considered one of planktons specie

which is micro- organism such as fuci and primary

organisms which died and accumulated in the lay-

ers of oceans and the earth and then their remains

were compressed under alluvial layers. However,

through thousands of years, pressure and heat re-

sulted from the alluvial layers converted these or-

ganic substances into natural gas. This natural gas

does not differ much from the other kinds of fossil

fuel such as coal and oil.

Oil and natural gas are composed under the same

natural circumstances. These two hydrocarbon

compounds are usually located together under the

ground or the sea.

Anyhow, the organic alluvial layers which are bur-

ied at the depth of 1000-6000 meters at a tempera-

ture between 60-150 Celsius produce petroleum;

whereas the ones which are buried at deeper lo-

cations produce the natural gas. The deeper the

resource is, the drier it is; thus, the percentage of

condensates in gas reduces.

After the gradual form in the crust of the earth,

the natural gas and petroleum leak slowly to small

holes in the near porous rocks which work as de-

pots for crude oil. As rocks are usually filled with

water, petroleum and natural gas, which are lighter

than water and their density is lower than the sur-

rounding rocks’, they move upward through the

crust of the earth for long distances.

Finally, some hydrocarbon substances, which are

moving upward, are seized in a non-porous rocky

Natural gas is oil’s alternative

layer known as “Cap Rock”. Since the natural gas is lighter

than petroleum, it forms a layer above petroleum named

“Gas Cap”.

However, petroleum must be accompanied with “Associ-

ated Gas”. In addition, mines of coal contain quantities

of methane, which is the key component of the natural

gas. Methane disperses in the porous layers of coal often

through pores and fissures. However, it is called methane

of coal’s mines.

International reserves of natural gas

Pursuant to the definition of US Oil and Gas Journal, which

is specialized in this field, the affirmed reserve of natural gas

is defined as the quantities which are hauled out under what

is known currently as prices and technology. Meanwhile,

French Cedigas Authority defines it as the discovered quan-

tities which are possibly to produce under the widespread

economic and technical circumstances.

However, the first definition is considered more secretive

than the second one. Therefore, the international natural gas

reserves in the beginning of January 1999 were according to

Oil and Gas Journal’s assessment 7% lesser than Cedigas’s

assessments. Moreover, the reserves of natural gas in the

Middle East zone were 30% lesser than the assessments of

Cedigas Authority.

15

C o m p e n s a t i o n s W i n d o w

As we publish the last article of the

series of Compensations Depart-

ment, we have preferred to make a

panorama for the previous articles

to reinforce the importance of root-

ing the organizational culture among

employees.

The first article:

Introduction of Compensations

Department

We clarified that Compensations De-

partment is in charge of supervising

the implementation of procedures

concerning career affairs. These pro-

cedures include for example compen-

sations, merits of the service, social

security and the due monetary sums

of ending the service or completing

duty.

The second article:

“Thank You” card

This card is granted to the employee

as an appreciation for distinguished

or exceptional efforts or an achieve-

ment takes part in fulfilling work ob-

jectives.

The third article: Instant Award System

In this article we indicated that this

award is granted to the employee

who achieves any exceptional ac-

tivity aimed to protect lives, assets

or the employee who did any other

sublime service. It is considered a

complementary tool for incentive or-

ganization applied in KPC.

The fourth article:

Social Security System

We made clear that the system which

is currently applied in State of Ku-

wait includes all Kuwaiti employ-

ees whatever the activity they work

is. This system depends basically on

self-finance as subscriptions are the

key resource of financing it; in addi-

tion, the subscription is compulsory.

The fifth article:

System of honoring personnel in

duty

This system is one of the most signif-

icant and recent applications aimed

to improve the performance of per-

sonnel as KPC honors annually the

employees who have completed 10

years constantly in duty and upward

and they are still in service.

The sixth article:

Attendance and Dismissal System

It is aimed to control the attendance

and dismissal of employees besides

the hours and times of taking permis-

sions within a month. The system al-

lows the employee to be late maxi-

mum three hours per month after

getting the approval of the direct offi-

cial in charge. It allows the employee

also to take special permissions per

month.

The seventh article:

Leaves and their kinds

Leave is defined as the period in

which the employee is allowed to be

absent from work. There are differ-

ent kinds of leaves such as the annual

leave, the emergency leave and the

sick leave…etc. However, it is aimed

to confer the employee time to take

rest from hard work to refresh his en-

ergy.

The eighth article continues taking

about leaves:

We made clear in this article the con-

ditions and periods of other leaves

which are allotted by the bye-law such

as death leave, the leave of accompa-

nying a patient, marriage leave, Hajj

leave, special leave, special leave for

the disabled employee and maternity

By Ibrahim Awadh, Compensations Department Manager

(12) Panorama of Compensations dept.

leave.

The ninth article: Penalties and

their rules

We defined in this article the violation

whose committer must receive a pen-

alty. Imposing the penalty depends

upon the violation and its impact.

The tenth article:

Employees’ Efficiency Assessment

System

The employee’s efficiency is assessed

every financial year– starts from April

and ends at the end of March– in

which the employees performed and

finalized their duties. The assessment

process starts with assessing the em-

ployees’ performance by their direct

concerned official and after that the

latter is to meet with his employees

to inform them verbally of the assess-

ment and discuss also with them the

points of weakness and strength in

their performance.

The eleventh article:

The rights of disabled employees

This article underlined the merits

which are guaranteed by law no.

8/2010 which protects the rights of

this group in terms of their nomina-

tion, work environment and career

privileges.

16

á``«`bô`à`dG �hô``Ñ``ePromotions

d.nouri@kpc.com.kw - 4782 -»∏NGO :…QƒædG ∫’O /á°ùfB’G ≈∏Y ∫É°üJ’G ≈Lôj êGhõdGh ó«dGƒªdG äÉcQÉ°ûªdFor more information please contact Miss Dalal Al-Nouri : Ext. 4782 Email: d.nouri@kpc.com.kw

a.jasmi@kpc.com.kw j.alsabah@kpc.com.kw haya@kpc.com.kw

∂JɶMÓeh ∂JÉMGÎbG ΩóbFor your Opinions & Suggestions

K P C S O C I E T Y

»◊G ¥GRôdGóÑY ¥hô°T

KOTC »∏NGódG ≥«bóàdG IóMh

• ó¡ØdG ∞°Sƒj óªMCG

äÉeóÿG

• π«Yɪ°SG Ú°ùM QGôHG

äÉHÉ°ù◊G

• QÉ°üædG óªfi ¬Ñ«°ùf

¬∏eÉ©dG iƒ≤dGh º«¶æàdG

•¿Éªã©dG ó¡a ÉŸ

äÉeƒ∏©ŸG á«æ≤J

¥hRôe ÒeC’GóÑY ódÉN

äÉeóÿG

•…ôéjƒàdG OƒªM IOÉZ

á∏eÉ©dG iƒ≤dGh º«¶æàdG

•⁄É°ùdG ¿Éª«∏°S øªMôdGóÑY

äÉeóÿG

Shrok Al-Hai Corporate Internal Audit,

KOTC Unit•

Ahmad Al-Fahad

Service Department

•

Abrar Esmaeil

Accounts

•

Nosaibah Al-Naasar

Organization & Manpower

•

Lama Al-Othman

Information Technology

•

Khalid Mattar Marzouk

Service Department

•

Ghadah Al-Twaijri

Organization & Manpower

•

Abdulrahman Al-Salem

Service Department

Shahed Al-Eisa

Crude Oil Sales

•

Bassel Abdullah

Bunker Sales

•

Marwah Al-Haneef

Supply Operations

•

Saif Al-Wasmi

Products Development & Quality

Control

•

Dalal Al-Ghanim

Market Research

•

Hala Hamdi Mohamed Ramdan

Privatization (I)

•

Violette Salim Al-Kassar

International Relations

•

Farah Al-Abdulrazzaq

Public Relations

≈°ù«©dG ≈°ù«Y ó¡°T

ΩÉÿG §ØædG äÉ©«Ñe

• ˆGóÑY ≈°ù«Y π°SÉH

øØ°ùdG Oƒbh

•∞«æ◊G OhhGO √hôe

ójhõàdG äÉ«∏ªY

•»ª°SƒdG ˆGóÑY ∞«°S

äÉéàæŸG ôjƒ£J IQGOEG

•ÂɨdG ÂÉZ ∫’O

á«≤jƒ°ùàdG çƒëÑdG

• ¿É°†eQ …óªM ádÉg

(1) ¢ü«°üîàdG

•QÉ°ü≤dG º«∏°S â«dƒ«a

á«dhódG äÉbÓ©dG

•¥GRôdGóÑ©dG õjõ©dGóÑY ìôa

áeÉ©dG äÉbÓ©dG

øjòdG AÓeõdG ™«ªL ≈dEG ôμ°ûdÉH Ωó≤àJ ¿CG )á°ù°SDƒªdG QÉÑNCG Iô°ûf( Iô°SCG ô```°ùj øe ójõªdG πÑ≤àJ ¿CG Ég qô°ùjh ,Iô```°ûædG øe á≤HÉ°ùdG OGóYC’G »a É```¡©e Gƒ```ªgÉ°S ójõªd .ôªà°ùªdG ôjƒ£àdGh AÉæÑdG π```°UGƒàdG øe ójõJ »àdG ºcQÉμaCGh º```μàcQÉ°ûe 4785 :»∏NGO - …ó``````̀fôdG É«g/Ió«°ùdG :≈```∏Y ∫É°üJ’G ≈```Lôj äÉeƒ∏©ªdG ø```e4866 :»∏NGO - ìÉÑ°üdG ôHÉL/ï«°ûdG 4789 :»∏NGO - »ª°ùédG á«dÉY/Ió«°ùdG

4790 :»∏NGO - ó«°TôdG ºjôe /á°ùfB’G

It is the pleasure of KPC News staff to extend their hearti-est thanks to all colleagues who contributed to KPC News past issues. We will be more than happy to receive even more of your contributions and ideas which will further bolster constructive cooperation and continuous progress.For more details, please contact: Haya Al-Randi - Ext: 4785,Alia Al-Jasmi - Ext: 4789, Jaber Al-Sabah - Ext: 4866

Mariam Al-Rushaid - Ext: 4790