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Kuwait’s state oil operator and its subsidiaries control stake in 13 local and foreign companies with a total value of around 738.5 million Kuwaiti dinars ($2.43 billion). The Kuwait Petroleum Corporation (KPC), which manages the OPEC producer’s massive hydrocarbon industry, and its affiliates own shares in two major South Korean groups and a number of firms in Kuwait, Asia and Europe.

Kuwait’s Oil Corporate Investment Put At $2.43bln

Kuwait’s state oil operator and its subsidiaries control stake in 13 local and foreign companies with a total value of around 738.5 million Kuwaiti dinars ($2.43 billion). The Kuwait Petroleum Corporation (KPC), which manages the OPEC producer’s massive hydrocarbon industry, and its affiliates own shares in two major South Korean groups and a number of firms in Kuwait, Asia and Europe.

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