KPC signs contract to supply crude oil to Chinese oil refinery

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KUWAIT CITY, Oct 31: Kuwait Petroleum Corporation (KPC) recently signed a contract for the supply of crude oil to a Chinese oil refinery, reports Al- Shahed daily.

Managing Director for International Marketing at KPC Walid Al-Badran said the signing of the contract is the result of a series of successful talks on supplying crude oil to the Chinese refinery. He disclosed this is the first contract signed by KPC and a private Chinese refinery.

Al-Badran added that representatives of a number of institutions including the Kuwaiti Embassy in China, Kuwait Investment Authority and Chinese oil companies attended the series of meetings.

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