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Fire sweeps through US camp in Kuwait

Kuwait's parliament yesterday passed a 5.274 billion dinar ($17 billion) budget for 2001-02 when it could once again transform a large projected deficit into a surplus due to higher oil prices.

Kuwait's Supreme Petroleum Council (SPC), the state's highest oil decision-making body, has approved building a $2 billion olefins plant, a senior official said yesterday. "The Council has given the approval to Petrochemical Industries Co (PIC) to build a second $2 billion olefins plant," the oil official said.