The EBRD considered providing a reserve-based loan of up to USD 100 million to Kuwait Energy International Limited ("KEI" or "the Company"), a subsidiary of Kuwait Energy PLC, an oil and gas exploration and production company with its regional operational hub in Kuwait, to finance its operations at the Abu Sennan, Area A, Burg El Arab and East Ras Qattara fields in Egypt. The Project would support the development of KEI's Egyptian operations including measures and investments in associated petroleum gas flaring prevention and recovery.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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Roger Phillips, Chief Financial Officer
(+ 965) 257 677 00 / 257 677 01 / 257 677 02
5th Floor, Symphony Tower 2; Salem Al Mubarak Street, Salmiya, Kuwait. P.O. Box 5614, Salmiya
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at email@example.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.