The Kuwait National Petroleum Company (KNPC) is the national oil refining company of Kuwait. Established in October 1960, KNPC has the mandate for oil refining, gas liquefaction, and distribution of petroleum goods within the local market. KNPC also handles CFP (Clean Fuel project).
History
Established in October 1960[1][2] as a share-holding company owned by the Kuwait government and private sector, KNPC became fully government-owned in 1975.[3] Since 1968 the company had been exporting petroleum products from its Shuaiba Refinery. In April 2017, Kuwait closed the Shuaiba refinery, which was one of the oldest oil facilities in the region.[4] In 1980, following the restructuring of the oil sector in Kuwait, KNPC was placed under the newly created Kuwait Petroleum Corporation (KPC), which was also government owned.