VOL. XLII

No. 24

14-June-1999

KUWAIT

KPI Buys Aral痴 Belgian Retail Operations

Kuwait Petroleum Corporation (KPC) announced on 7 June thatits subsidiary, Kuwait Petroleum International (KPI), has bought 105 gasolineservice stations in Belgium from the German firm Aral AG. The Aral networkincludes two motorway sites, 40 service stations with shops and 80 automatic outlets.KPI will take over Aral痴 activities, including all its commercial consumer andlubricants business in Belgium, from 1 July. The...