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Kuwait National Petroleum Company (Kuwait)

Main Activities: Oil and Gas Extraction | Petroleum and Petroleum Products Merchant Wholesalers | Petroleum Refineries
Full name: Kuwait National Petroleum Company Profile Updated: January 15, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2016 Available in: English & Arabic Download a sample report

Kuwait National Petroleum Company (KNPC) is a subsidiary of the Kuwait Petroleum Corporation (KPC), which is 100% owned by the government of Kuwait. KNPC is Kuwait's monopolist refining company. It was established in 1960 as a shared company between public and private sector and became fully government-owned in 1975. Since 1968 the company had been exporting petroleum products from its Shuaiba Refinery. KNPC took control of distributing petroleum products within Kuwait. KNPC operates three refineries: Mina AL-Ahmadi (MAA), Mina Abdullah (MAB) and Shuaiba (SHU) plus Local Marketing facilities. KNPC handles the responsibility of oil refining, gas liquefaction, and distribution of petroleum goods within the local market.

Headquarters
P.O. Box 70, Safat 13001
Al Safat; Al-Asimah / Capital Governorate; Postal Code: 13126

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Website: http://www.knpc.com

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
1960
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
Kuwait Petroleum Corporation - KPC
100%
Company Performance
Financial values in the chart are available after Kuwait National Petroleum Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net sales revenue
-38.5%
Total operating revenue
-38.5%
Operating profit (EBIT)
2975.45%
Net Profit (Loss) for the Period
299.8%
Total assets
41.12%
Total equity
336.57%
Operating Profit Margin (ROS)
2.27%
Net Profit Margin
2.21%
Return on Equity (ROE)
-0.92%
Quick Ratio
-1.82%
Cash Ratio
-0.18%

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