Kuwait seeks to boost oil production with major pipeline projects, receiving a $1.2 billion bid from China.

Kuwait plans to tender major oil pipeline projects to enhance its oil production capacity and infrastructure. A Chinese contractor has already submitted a low bid for a $1.2 billion oil project, marking a significant step in Kuwait's efforts to boost its oil output. This development is part of Kuwait's broader strategy to maintain and expand its pipeline capabilities, aiming to strengthen its position in the global oil market.

January 02, 2025
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