Kuwait - Mubasher: Kuwait Petroleum Corporation (KPC) is keeping its vision to develop the oil sector and maintain its global position by achieving the growth and integration of its activities, said the deputy financial managing director.

Saad Abu Khousa also told a local paper that the capital spending of the oil sector reached more than KWD 13 billion in the last five year, adding that KPC and its partners have an ambitious plan for many megaprojects, led by the environmental fuel project.

These projects require capital of more than KWD 35 billion, which will be self-funded by the corporation as was the case with many projects before.