Kuwait Petroleum International (KPI) and its partners of a joint refinery project in Vietnam have resolved all outstanding issues with the Vietnamese government, including foreign currency guarantee, KPI President Hussain Esmaiel said Monday.
"We thank the Vietnamese government for showing the commitment to our refinery and petrochemical project by supporting essential requirement from co-lenders and sponsors," Esmaiel told Kuwait News Agency (KUNA) in the Vietnamese capital, Hanoi.
Esmael is here with Kuwait Petroleum Corporation (KPC) Chief Executive Officer Farouk Al-Zanki after attending the signing on the previous day of an engineering, procurement and construction contract for the USD 9 billion project involving Kuwait, Vietnam and Japan.
Kuwait Petroleum, Vietnamese government sign contract for refinery project
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