VIENNA, July 8: Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud Al- Nasser Al-Sabah said Wednesday that carbon dioxide emissions associated with the extraction and production of Kuwaiti oil are the lowest globally. Sheikh Nawaf said in a joint statement to KUNA and Kuwait TV, during his participation in the international symposium on energy, organized by OPEC, that this is evidence of the quality of Kuwaiti oil and the accuracy of the operations of KPC and its subsidiaries.

He pointed out the importance of KPC’s attendance of the OPEC International Seminar, to outline KPC’s expertise in regards to these distinguished capabilities in oil extraction. Kuwaiti oil is one of the foundations of global oil in worldwide energy transformation, he underlined. He also stated that Kuwait would play a significant role amidst its Gulf oil-producing peers in the global energy transition over the coming decades, in securing clean energy for international markets. KPC has already started implementing its plan to reach carbon neutrality, which is expected to be completed by 2050, and Kuwait is committed to the goal under United Nations guidance, he added. This falls within a well-thought out plan currently being implemented by the Gulf country, he clarified. (KUNA)