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Saturday, July 4, 2026 21:36 GMT

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Top News of Kuwait

Kuwait Petroleum Corp. Asks Some Oil Pipeline Bidders to Form Consortiums

published:02/07/2026 12:21 GMT

Kuwait Petroleum Corporation (KPC) is asking some global funds bidding for a US$7 ​billion stake in its ⁠oil pipeline network to recruit other investors to help consolidate the string of firms ‌that lodged bids, three sources familiar with the matter told Reuters. The move will also ensure smaller investors ​that have relationships with KPC can get involved, the sources with knowledge of the matter said. The sources did ​not want ​to be identified publicly as they were not authorised to speak...More


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