Our Strategy

Our Strategy

In March 2022, the Company launched its 2040 Updated Strategic Plan. An integrated in-house media campaign covering KNPC various sectors was organized to enhance the Company staff knowledge on the Updated Strategy being the most important element for achieving this Strategy.

The Strategy update came in line with the updated KPC Strategic 2040 Directives to reflect the new local and international changes impacting the development of Kuwait Oil Industry.

A major feature of the Updated Strategy is reaching 1.6 MMBPD of refining capacity by 2025 and with the highest conversion rate, rather than the 2.0 MMBPD in 2025. As well, enhancing the private sector involvement is added as a new goal of KPC Strategy.

The Updated Strategy Plan was approved by the High Committee for Downstream Sector on 22 March 2021, followed by the KNPC Board of Directors in November 2021.

Five main goals were set in the Company’s Strategic Objectives: optimize the domestic refining industry, enable the upstream sector gas production increase, reach the highest international standards of operational excellence, meet the local and global growing demand for high-quality fuel products, and enhance the private sector participation.

Each of these Strategic Objectives includes a range of Strategic Initiatives, Programs and Projects that seek to achieve KPC's 2040 Updated Strategic Directives.

Our Vision

To be a World-Class Refiner Through
Superior Operating and Financial Performance.

Our Mission

We Add Value to Kuwait Hydrocarbons,
Producing High Quality Fuels to Meet Local & International Demand.

Our Values

  •  Creating a culture where people develop, grow and are positively motivated to contribute to the success of others.
  • Respecting the environment and ensuring safety, security, and the promotion of a healthy workplace wherever KPC operates.
  • Encouraging high performance, continuous improvement, and customer focus.
  • Developing and embracing new ideas, methods, and approaches to solving challenges that create value.
  • Acting in a trustworthy manner with the highest standards of ethics, respect and honesty.
  • Caring for the interests of KPC and ensuring alignment to achieve Corporate and State goals.
  • Building and sustaining relationships that support growth and enhance operational excellence.
  • Creating employee satisfaction on an individual level and promoting a sense of loyalty and belonging to KPC.