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Kuwait Petroleum Corp CEO: Brent at $90-$100 is acceptable

Reuters, Wednesday 12 Oct 2011
Views: 639
Views: 639

The head of state oil company Kuwait Petroleum Corp (KPC), Farouk al-Zanki, said on Wednesday that a Brent crude oil price LCOc1 of around $90-$100 per barrel is acceptable.

Zanki also told Reuters on the sidelines of a visit to a refinery in Yokohama, south of Tokyo, that the company was still looking for another partner for its around $9 billion joint project with Sinopec to build an oil refinery and petrochemical plant in southern China.

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