Kuwait May Issue Bonds Amid $100 Billion Oil-Investment Push

Updated on
  • State-run KPC says investment needed to meet future oil demand
  • Kuwait echoes Saudi spending plans amid market share battle

Kuwait Petroleum Corp. is considering selling bonds to help pay for a planned investment of $100 billion over the next five years to boost oil output, echoing plans by Saudi Arabia to maintain spending on energy projects as global producers compete for market share.

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