Middle East Economic Survey

VOL. XLVIII

No 12

21-March-2005

KPC Sees China Tie-Up With BP Facilitating Entry Into Chinese Market

Kuwait Petroleum Corporation (KPC) subsidiary Kuwait Petroleum International (KPI) and British Petroleum (BP) on 14 March signed a memorandum of understanding (MOU) under which the two parties agreed to investigate and develop opportunities for future joint investment in China and elsewhere in Asia. KPI, the international refining and marketing arm of KPC, has agreed to...