PSO, Kuwait Petroleum agree to expand 50-year partnership
Pakistan State Oil (PSO) and Kuwait Petroleum Corporation (KPC) have agreed to expand their five-decade energy partnership, exploring cooperation in fuel supplies, bonded storage, shipping, refining, lubricants and potential investments in Pakistan’s energy sector. The understanding was reached during a meeting between senior officials of the two companies, as they discussed expanding commercial ties in response to changing global energy dynamics and Pakistan’s energy requirements.