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The Kuwait National Petroleum Company (KNPC) (Arabic: شركة البترول الوطنية الكويتية) is the national oil refining company of Kuwait. Established in October 1960, KNPC has the mandate for oil refining, gas liquefaction, and distribution of petroleum goods within the local market. KNPC also handles CFP (Clean Fuel project).
In 1934 KPC received the first Kuwait Oil Concession Agreement after it was originally formed by the Gulf Oil Corporation and the Anglo-Persian Oil Company.In 1975 the state signed agreements with BP and Gulf and after its shares were progressively increased, [3] Kuwait Petroleum Corporation was founded on 27 January 1980 [4] as an umbrella company, integrating KOC, KNPC, KOTC and PIC and ...
The Kuwait National Petroleum Company (KNPC) first released plans to build what would have been the country's fourth oil refinery in May 2006 before construction was postponed in March 2008 due to political opposition. Two years later, however, the government re-approved construction, and the Kuwait Integrated Petroleum Industries Company was ...
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An oil refinery in Mina-Al-Ahmadi, Kuwait. The petroleum industry in Kuwait is the largest industry in the country, accounting nearly half of the country's GDP.Kuwait has proven crude oil reserves of 104 billion barrels (15 km 3), [1] estimated to be 9% of the world's reserves.
KNPC may refer to: KNPC (FM), a radio station (88.5 FM) licensed to Hardin, Montana, United States; Kuwait National Petroleum Company This page was last edited on 5 ...
Al Ahmadi is a district located in the south of the country. It contains the headquarters for the Kuwait National Petroleum Company (KNPC) and Kuwait Oil Company (KOC), with many of its refineries located there.
From 1998 to 2004 he was also board chairman and managing director of Kuwait National Petroleum Company (KNPC). [2] Hussein was made chief executive officer of the KPC in 2004 [4] [5] and he replaced Nader Sultan in the post. [citation needed] Hussein resigned from office in April 2007.