Kuwait Petroleum Corporation (KPC) is holding early-stage talks with global investors over a potential USD 7 billion stake sale in its crude oil pipeline network, in a deal that mirrors recent Gulf infrastructure monetisation strategies.
Investment firms including BlackRock, Brookfield Asset Management, EIG Partners and KKR are among those reported to have shown interest.
The transaction is expected to involve roughly USD 1.5 billion in equity financing with the remainder funded through debt. If launched, the concession could span around 25 years, allowing investors to earn returns through tariff payments while providing KPC with upfront capital.
The move follows similar pipeline infrastructure deals by Saudi Aramco and ADNOC as Gulf energy producers unlock value from strategic assets.
Gulf Economist Staff Writer