KPC Signs Deal To Store 3.14 Mln Barrels Of Oil In Japan

  • 02/12/2020

Kuwait City : On Wednesday, Deputy Managing Director of International Marketing Operations at Kuwait Petroleum Corporation Ghadeer Al-Qadfan announced that KPC has signed a deal with the Japanese Ministry of Economy, Trade and Industry to store 3.14 million barrels of crude oil in Japan. He said that the agreement is part of KPC's efforts  to secure storage abroad and increase its market share in the Far East. With the new deal, Kuwait joins Saudi Arabia and the UAE in storing its oil in Japan for strategic commercial purposes. 

Related News

1,540 traffic violations issued, 33 people arrested
  • 23/11/2024
Kuwait Seeks Approval for Filipino Domestic Workers
  • 22/11/2024
Kuwait Amir conveys good wishes to Trump
  • 22/11/2024
Kuwait sees surge in traffic violations
  • 19/11/2024
MoI: 199 deaths due to traffic accidents in 9 months
  • 19/11/2024
MoI: 385 residency violators arrested, 497 deported within ...
  • 18/11/2024
Tanker explosion kills one, injures another in Amghara
  • 18/11/2024
Philippines issues new guidelines to protect domestic worke ...
  • 16/11/2024
Kuwaiti court convicts trio of citizenship forgery
  • 14/11/2024
Indians lead Kuwait labour market
  • 14/11/2024
British Embassy organizes car rally on Al Khaleej Street
  • 12/11/2024
Egyptian contractor dies after falling from Al-Mutlaa constr ...
  • 11/11/2024