KNPC would invest $35bln on expanding oil and gas projects

The Kuwait National

Petroleum Company (KNPC) chief executive Mohammed Ghazi al Mutairi said earlier this year that KNPC would invest $35bln on expanding oil and gas projects over the next five years. Much of this will be spent on Kuwait’s Clean Fuels Project (a major component of Kuwait’s current development plans), which involves a series of refinery upgrades.