VOL. XLVII

No 17

26-April-2004

KUWAIT

KNPC Invites Firms To Prequalify For Lube Oil Plant Privatization

Kuwait National Petroleum Corporation (KNPC) has taken a further step towards privatizing its lube oil plant at al-Shuaiba by asking companies in the private sector to prequalify for bidding, according to a report in the daily al-Rai al-Am on 19 April. In February last year, Kuwait Consulting and Investment Company (KCIC) signed an agreement with KNPC to advise on the sale of the plant (MEES, 17...