Kuwait Petroleum Corporation

Kuwait Petroleum Corporation

Kuwait Petroleum Corporation (Arabic: مؤسسة البترول الكويتية) was Kuwait's national oil company, headquartered in Kuwait City. It was founded on January 27th, 1980 as an umbrella company, integrating KOC, KNPC, KOTC and PIC and effectively placing them under government control.

The company's products have been sold in some countries under a subsidiary's name "Q8".In Sweden, a subsidiary of KPC, KPI-Q8's gas stations are known as "OKQ8" - a result of a merger between Q8 and Swedish "OK".

In the Netherlands, Kuwait Petroleum has a refinery in Europoort in Rotterdam and is a partner in the Maasvlakte Olie Terminal. There are 146 gas stations in the Netherlands.

There are 404 Q8 stations in Belgium. Q8's large share of the Belgian market is due to the acquisition of Belgian BP offices in 1998 and the Aral stations in 1999. However, over the years, Q8 has closed many stations in residential areas and near apartment complexes. Like its competitors, Q8 also has a network of unmanned gas stations called Q8 Easy.In Belgium, Q8 has formed a partnership of sorts with Delhaize Shop 'n' Go. This is a small convenience store where ready-to-use and on-the-go products are sold. However, it still is able to offer a wide variety of automotive services. They have extensive hours, and are often combined with a Panos Corner bakery.

There are no more Q8 Petroleum stores in the UK, after being bought out in 2004 by a joint venture company Refined Holdings which was formed specifically for the sale. The Q8 brand has since then been phased out of the UK.

ubsidiaries

*Kuwait Oil Company (KOC)
*Kuwait National Petroleum Company (KNPC)
*Petrochemicals Industries Company (PIC)
*Kuwait Oil Tanker Company (KOTC)
*Kuwait Aviation Fueling Company (KAFCO)
*Kuwait Foreign Petroleum Exploration Company (KUFPEC)
*Kuwait Petroleum International Limited (KPI - Q8)
*Santa Fe International Corporation (SFIC)
*Kuwait Gulf Oil Company (KGOC)
*Oil Sector Services Company
*K-Dow Petrochemicals

External links

* http://www.kpc.com.kw Official Webpage
* http://www.q8.com/ Official Website
* http://www.okq8.se/ Swedish Website "'http://www.zawya.com/cm/profile.cfm?companyid=159264 Company information with links to subsidiaries


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