Mubasher: Kuwait National Petroleum Company (KNPC) is planning to invest around KWD 3.5 billion ($11.6 billion) in the next five years, according to the CEO.
The Company’s CEO, Mohammad Ghazi Al-Mutairi told Alrai newspaper on Sunday that the plan involves a number of projects between 2018 and 2023.
Al Mutairi is expecting the first tranche of finances at $6.25 billion to be received by the end of September.
