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Kuwait courts $7 billion pipeline investment as Gulf shifts to foreign capital - Times Kuwait
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Kuwait courts $7 billion pipeline investment as Gulf shifts to foreign capital - Times Kuwait
Kuwait is opening a $7 billion pipeline project to foreign investors, marking a shift away from fully state-funded oil infrastructure to ease pressure on public finances. The expansion is central to boosting capacity toward 4 million bpd, supporting higher production, new discoveries, and improved recovery while avoiding transport bottlenecks. The move reflects a wider Gulf trend of tapping external capital to fund long-term oil growth. Kuwait i…
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