(MENAFN - Kuwait News Agency (KUNA)) Kuwait Petroleum International (Q8) Tuesday announced the signing of an extension of the land lease for its refinery in Europort, the Netherlands.
A statement to KUNA pointed out members of Kuwait Petroleum Corporation (KPC) board attended the signing ceremonies at the Rotterdam Port Head Quarters.
The statement added that KPC board members had recently visited several Q8 facilities and offices in Europe and took closer look on its activities. The board members also met several Kuwaiti staff members during their tour. The sites covered by said tour included a grease and lubricants plant, the Rome Office, the Rotterdam Refinery, several retail distribution points, the new KPC Europe Operations Office in The Hague.
The refinery in Europoort is located in the port of Rotterdam, the world's largest port, and consists of several units for refining crude oil, a gasoline production facility, and a lube oil plant. It produces a large range of oil products for a wide variety of markets, within and beyond Europe. These products are transported via an extensive distribution centre and tank terminal, which is also located at the refinery.
Kuwait Petroleum International (Q8) was established in 1983, to manage the refining and marketing interests of its parent company, Kuwait Petroleum Corporation, outside Kuwait.
Q8 markets fuel via over 4,000 service stations across Europe and operates a direct sales operation, providing road fuel and heating oil. Its International Diesel Service is dedicated to the needs of international road transport companies; Q8 Aviation provides jet fuel at more than 60 airports internationally, while Q8 Oils manufactures and markets some of the world's finest lubricants.