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Kuwait Oil Company CEO says global refining capacity is unlikely to fill the gap left by Gulf production shutdowns

Kuwait Oil Company CEO says global refining capacity is unlikely to fill the gap left by Gulf production shutdowns

智通财经智通财经2026/10/05 13:46
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Kuwait Petroleum Company (KPC) CEO: Global refining capacity is insufficient to compensate for the output lost due to the closure of Middle East Gulf facilities. We will cooperate with global partners to expand our crude oil and product tanker fleets through ownership or leasing.

Kuwait Petroleum Corporation (KPC) CEO: Global refining capacity is insufficient to offset the production capacity affected by closures in the Middle East Gulf. We will work with global partners to expand our fleet of crude oil and product tankers, either through ownership or leasing.
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