VOL. XLVII

No 03

19-January-2004

KUWAIT

KPC To Consider Investment In Pakistan Fuel Distribution

Kuwaits Supreme Petroleum Council (SPC), in a meeting on 6 January, gave Kuwait Petroleum Corporation (KPC) its approval to study the possibility of investing in fuel distribution in Pakistan. The Pakistan government wants to privatize its refining and distribution sector. The SPC said KPC should study both the price of any potential deal estimated at around $300mn and investment guarantees in...