Kuwait national oil company must raise $45 billion to plug spending shortfall

Kuwait Petroleum Corporation needs to borrow, sell assets and prioritise projects to make up shortfall

Cutting cloth: Kuwait Oil Minister and Kuwait Petroleum Corporation chairman Saad Al-Barrak.
Cutting cloth: Kuwait Oil Minister and Kuwait Petroleum Corporation chairman Saad Al-Barrak.Photo: AFP/SCANPIX
Published 6 November 2023, 12:20Updated 8 November 2023, 11:53