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|23 April, 2019

Kuwait Petroleum Corp gets government approval for loans for investments

The government has given the green light to Kuwait Petroleum Corporation to borrow from various financial institutions to fund investments over the next five years

Image used for illustrative purposes. Oil rig workers work on the ChevronTexaco drilling platform January 15, 2003 near the Saudi Arabian border, Kuwait.

Image used for illustrative purposes. Oil rig workers work on the ChevronTexaco drilling platform January 15, 2003 near the Saudi Arabian border, Kuwait.

Getty Images/Joe Raedle

DUBAI - Kuwait's government has given the green light to Kuwait Petroleum Corporation to borrow from various financial institutions to fund investments over the next five years, state news agency KUNA said on Tuesday.

(Reporting by Asma Alsharif; Editing by Kirsten Donovan) ((asma.alsharif@thomsonreuters.com; +20225783290; Reuters Messaging: asma.alsharif.reuters.com@reuters.net))

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