Commodities

KPC CEO says Co. will work with global partners to expand Kuwait’s tanker fleet through ownership or leasing options for crude and product tankers

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KPC’s CEO cited insufficient global refining capacity to offset shuttered Middle East Gulf capacity and said the company will pursue tanker-fleet expansion with global partners through ownership or leasing.

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says there is insufficient global refining capacity to offset shuttered capacity in the Middle East Gulf; Co. will work with global partners to expand Kuwait’s tanker fleet through ownership or leasing options for crude and product tankers.

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