From the Field

LPG tanker

Kuwait orders LPG tankers, eyes oil spending

KUWAIT CITY, November 26, 2018 – Kuwait Oil Tanker Company has ordered three massive LPG tankers from Hyundai Heavy Industries, international media reported on Sunday.


The cost of the order is USD 213 million, Reuters reported.

The news came as Kuwait National Petroleum Company announced plans to spend USD 25 billion on oil projects through 2040, state news agency KUNA reported.

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