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KKR-Backed Consortium Inks $16 Billion Kuwait Oil Pipeline Deal

Guavy AI Editorial Team
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Kuwait Oil Company has announced a significant infrastructure partnership worth US$16.0 billion with a consortium comprising Blackstone, Brookfield, and KKR. The partnership involves the crude oil pipeline network of Kuwait Oil Company.

The consortium will partner with Kuwait Oil Company to develop, finance, and maintain the company's pipeline infrastructure. This deal is one of the largest in the region and highlights the growing interest in infrastructure investments.

Kuwait Oil Company has been actively seeking partners to enhance its infrastructure capabilities, and this partnership is a significant step towards achieving that goal. The consortium's expertise will help Kuwait Oil Company improve the efficiency and reliability of its pipeline network.

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