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KPI signs KD 4.2 million three-yr deal to provide KNPC with oils
September 18, 2017, 4:29 pm

Kuwait Petroleum International Company (KPI) has signed a contract to provide Kuwait National Petroleum Company (KNPC) with oils worth KD 4.2 million (US$ 13.9 million).

The contract will equip KNPC with its need of various types of oils, it said in a statement. KNPC CEO Mohammad Ghazi Al-Mutairi, who signed the deal on behalf of his company, told KUNA that, during this three-year contract, KPI will offer KNPC with five million liters of oils.

He went on to praise the quality of the sister company's oils. Meanwhile, KPI CEO Bekheet Al-Rasheedi, who also signed the deal, expressed his happiness over the cooperation between both companies.

Al-Rasheedi vowed that his company would offer a product which conforms to the highest international standards. KNPC and KPI are affiliated to state-owned Kuwait Petroleum Corporation (KPC). 

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