“Turkmengaz” State Concern and the Kuwait Petroleum Corporation have signed a Memorandum
The “Turkmengaz” State Concern and the Kuwait Petroleum Corporation signed the Memorandum of Mutual Understanding today on March 13. This is one of ten bilateral documents signed between Turkmenistan and Kuwait at top-level talks.
Kuwait Petroleum Corporation is Kuwait's national oil company. The company was founded as an umbrella company, integrating the subsidiary companies, which operates as a diversified energy holding company throughout the world. The activities of Kuwait Petroleum Corporation are focused on offshore and on-shore petroleum exploration and production as well as marketing, retail trade, petrochemicals, refining, and maritime transportation. The corporation sells crude oil, oil products, chemicals, fertilizers and liquefied gas.
Kuwait Petroleum Corporation is one of the world's top ten income corporations along with such giants as China National Petroleum Corporation and Saudi Aramco.
