Sunday, October 12, 2008

Kuwait Peroleum Corporation Plans KD20bn Projects Next 5 Years

Kuwait Petroleum Corporation (KPC), Kuwait top state oil company, plans investments and projects worth KD20bn in the next five years, an official said. The investment figure is higher than an earlier estimate given by Kuwait's oil Minister Mohammad Al-Olaim, who said in June the OPEC producer would spend US$55bn on oil projects over the next five years. …

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