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Kuwait’s KPC Signs $16 Billion Lease and Leaseback Deal for Oil Pipeline Network
EnergyNow.com · September 13, 2026 · Week 2026-37
Summary
Kuwait Petroleum Corporation (KPC) has entered into a $16 billion lease and leaseback agreement for its oil pipeline network. This financial strategy allows the NOC to unlock significant capital from its existing infrastructure, providing a massive cash injection to fund strategic projects without taking on traditional corporate debt.
Strategic Implication
This deal signals a sophisticated financial strategy by KPC to fund its large-scale capex program for upstream capacity growth and downstream diversification.