Kuwait National Petroleum Company Gets Working on Clean Fuels Project
As oil prices remain stagnant, Gulf countries are moving to make their operations more efficient and profitable by using the latest available technologies. Kuwait National Petroleum Company (KNPC) had a US$ 6.245 billion export credit agency (ECA) financing for the KNPC Clean Fuels Project closing at the end of May. The project is upgrading and expanding two of Kuwait’s largest existing refineries at Mina Abdulla (MAB) and Mina Al-Ahmadi (MAA). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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