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Saturday, March 21, 2026 6:57 GMT
National oil company Kuwait Petroleum Corporation (KPC) has held early stage talks with a large group of potential investors over a US$7 billion stake sale in its crude oil pipelines, three sources familiar with the matter said, following similar moves by Gulf peers Saudi Arabia and the United Arab Emirates. BlackRock, Brookfield Asset Management, EIG Partners and buyout group KKR are among those that have shown interest, the sources said. Also showing interest are Chinese state...More