Kuwait looks for oil, gas acquisitions abroad – KPC head


Kuwait looks for oil, gas acquisitions abroad – KPC head

Kuwait aims to increase its oil and gas production and reserves through acquisitions of assets abroad as well as expanding its exploration efforts at home, the head of Kuwait Petroleum Corp said on Monday.

KPC’s Chief Executive Officer Nizar al-Adsani also said that while Asia would remain the focus for Kuwaiti oil exports, the national oil company was also keeping an eye on the African market for possible acquisitions. Read More

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