16/11/2025
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16/11/2025
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KUWAIT CITY, Nov 16: Kuwait National Petroleum Company (KNPC) is currently carrying out maintenance works in its fuel stations and introducing modifications in accordance with the modern requirements applied by the company, which are consistent with the environmental requirements. Sources explained that the modernization, modification and maintenance plan is implemented gradually to avoid disrupting the supply of fuel to the local market. Sources stated that the company welcomes competition in the field of fuel stations, praising the intention of Kuwait Petroleum International (KPI) to open such stations, as competition is beneficial for the consumers and generates better returns for Kuwait Petroleum Corporation (KPC).
Sources said the current plan of KNPC is to expand gasoline production in the local market, reaching sales of 15 million barrels of gasoline by 2040. Sources pointed out that in order to achieve this goal, the company launched a massive plan to establish 100 additional fuel stations over the next 14 years. Sources added that the company’s production in the fiscal year, which ended on March 31, 2025, reached 5.15 million liters of gasoline, compared to 5.016 million liters in the previous year.
Sources confirmed that the company currently operates 69 fuel stations, 64 of which are permanent and five are temporary, indicating the company intends to establish at least 25 additional fuel stations in the next five years. Sources pointed out that the annual increase in gasoline sales is related to the growth of new residential cities, affirming the company is utilizing all available means to increase its annual profits. Sources said the company is proceeding with its plan to open the largest possible number of gas stations according to its timeline in order to solve the traffic congestion problem in some vital areas.
Sources revealed that the company designs new stations in accordance with environmental requirements, and that its expansion plan also aims to establish more gas stations in new residential areas in coordination with Kuwait Municipality and a number of other concerned ministries. Sources went on to say that KNPC is also developing car wash stations to meet the diverse needs of its customers and in order to increase the revenues of car wash stations to reach around KD500,000 annually by 2026, after witnessing a decline of only KD393,000 in fiscal 2024/2025. It is worth noting that last year, the company succeeded in selling about three million liters of premium gasoline, while sales of regular gasoline exceeded 1.8 million liters, and it sold about 33 million liters of ultra-premium gasoline.
By Najeh Bilal Al-Seyassah/Arab Times Staff
