gilson

Kuwaiti and Japanese oil companies will formally embark next week on their first-ever joint project to build a refinery in a third country, with Kuwait Petroleum International (KPI) being expected to shoulder about $600 million of the funds, the Japanese side said Wednesday. A signing ceremony of the joint venture deal is to take place in Hanoi on April 7, an Idemitsu spokesman told Kuwait News Agency (KUNA). KPI, an international arm of state-run Kuwait Petroleum Corporation (KPC),