VOL. XXXIX

No. 18

29-January-1996

KUWAIT

KOC Awards CPECC $398Mn Contract For Construction Of Storage Tanks

The Kuwait Oil Company (KOC) has signed a $398mn contract with the Chinese state-owned firm China Petroleum Engineering Construction Company (CPECC) for the construction of two large oil tank farms in West Kuwait and the laying of 10 oil pipelines with a total length of over 270 kms. The contract was signed in Kuwait by Mr. Khalid Yusuf al-Fulaij, Chairman of the Board of KOC and...