Kuwait's KPC signs deal to store 3.14 mln barrels of oil in Japan, news agency reports

Kuwait's KPC signs deal to store 3.14 mln barrels of oil in Japan, news agency reports
Reuters
Share
Font Size
Save
Comment
Synopsis

The agreement is part of KPC's efforts to secure storage abroad and increase its market share in the Far East, he said according to the state-run news agency.

Getty Images
DUBAI: State-owned Kuwait Petroleum Corp (KPC) signed an agreement to store 3.14 million barrels of crude oil in Japan, Kuwait News Agency reported on Wednesday, citing the company's deputy managing director of international marketing, Ghadeer al-Qadfan.

The agreement is part of KPC's efforts to secure storage abroad and increase its market share in the Far East, he said according to the state-run news agency.

Read More News on

(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

Also Read