The Kuwait Nationwide Petroleum Firm (KNPC) formally introduced on Friday that it has assumed full possession and operational management of the liquefied pure gasoline (LNG) cylinder filling crops in Shuaiba and Umm Al-Aish. The services have been beforehand operated by the Kuwait Oil Tanker Firm (KOTC).
KNPC CEO Wadha Al-Khatib confirmed that this switch is a part of the broader oil sector restructuring initiative being applied underneath the Kuwait Petroleum Company (KPC). She described the transfer as a strategic step that strengthens cooperation and integration between the nation’s main oil corporations, experiences Al-Rai each day.
Al-Khatib defined that the handover contains not simply the bodily belongings, but in addition the complete workforce and ongoing operations—together with the native advertising and distribution of liquefied gasoline. KNPC now assumes full administration accountability for each websites.
She famous that the method of transferring employment contracts for plant workers has already begun and can be finalized within the coming days. All workers, she mentioned, can be handled with the identical degree of care and inclusion as current KNPC personnel, making certain a unified group spirit and shared dedication to excellence.
Al-Khatib praised KOTC for its cooperative method and efforts to facilitate a clean transition, highlighting the corporate’s dedication to overcoming logistical and administrative hurdles in help of the sector’s long-term objectives.
This milestone, she emphasised, will enable KNPC to broaden the scope of its operations and aligns with Kuwait’s ongoing efforts to streamline its power sector—notably with the anticipated integration of the Kuwait Built-in Petroleum Industries Firm (KIPIC), which is progressing in line with a structured plan and timeline.