Kuwait Petroleum Corp. (KPC) was established in January 1980 as a public corporation to handle all Kuwait's petroleum industry activities. The Ministry of Oil decided the four state oil companies, Kuwait Oil Co. (KOC), Kuwait National Petroleum Co. (KNPC), Petrochemical Industries Co. (PIC), and Kuwait Oil Tanker Corp. (KOTC) would be run most efficiently under umbrella company KPC. Although KPC is an autonomous company, it is supervised by Minister of Oil Ali Ahmad Al-Baghli (Fig. 1). Besides the four national companies handling operations within Kuwait, KPC has major assets abroad. Upstream operations are handled mainly by Kuwait F...

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