DISCLAIMER

VAT/TAX REGISTRATION DETAILS

Kuwait

Kames Petroleum Services Ltd. has successfully registered for Value Added Tax (VAT) with the Federal Tax Authority (FTA). .

QATAR

Kames Petroleum Services Ltd. has successfully registered for Dhareeba Tax Portal with General Tax Authority (GTA). .

press releases

August 12, 2007 Kuwait City, Kuwait

Kames Petroleum Services Successful Loading of the First Cargo of Condensate

Kuwait City, Kuwait, August 12, 2007 -- Kames Petroleum Services announced today the successful loading of the first cargo of condensate, produced from its natural gas Processing Plant at Ras Laffan, Qatar.  The commencement of efficient loading operations from the new export facilities and designated tanks follows the successful start-up of gas production from Qatar’s North Field in June 2007.

The initial cargo consists of 500,000 barrels of condensate and two additional cargoes will follow later in August 2007.   About six similar sized cargoes of condensate are expected to be exported every month once full production is reached.

 

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