Investors compete for $7B stake in Kuwait oil pipeline network
The sale is part of an effort by Gulf energy companies and sovereign investors to monetize infrastructure assets and attract foreign investment
YASSER AL-ZAYYAT / AFP via Getty Images
Q8 fuel station in Kuwait
BlackRock, Brookfield, EIG Global Energy Partners, KKR and Apollo are among the global investment firms bidding for a roughly $7 billion stake in Kuwait Petroleum Corporation’s oil pipeline network.
KPC has asked some bidders to recruit additional...