Kuwaiti oil corporation seeks to exit Pakistan, sells key assets
A Kuwait Petroleum Corporation unit. — AFP/File KUFPEC to “recover its investments” by selling assets. Company’s decision has raised serious concerns for policymakers. PEL also confirms making advance payments to KUFPEC. ISLAMABAD: Kuwait Foreign Petroleum Exploration Company (KUFPEC) has started the process of leaving Pakistan’s oil and gas sector by selling its major assets to…