Kuwait’s KPC Signs $16 Billion Lease and Leaseback Deal for Oil Pipeline Network

Reuters Kuwait Petroleum Corporation (KPC) has signed a $16 billion deal to lease and lease back its crude oil pipeline network with a consortium comprising global funds Blackstone, Brookfield and KKR, the state-owned Gulf firm said on Saturday. It said it was the largest foreign direct investment in the country’s history. Under the investment called … Read more