Kuwait National Petroleum

Kuwait National Petroleum Company (KNPC) is a crude oil refining company. It provides fuels, including gasoline, diesel, and kerosene. In addition, the company specializes in the processing and import of gas.

Employee Rating

4.4More
TypeSubsidiary
HQAhmadi, KW
Founded1960
Websiteknpc.com
Cybersecurity ratingCMore
Kuwait National Petroleum was founded in 1960 and is headquartered in Ahmadi, KW

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Key People/Management at Kuwait National Petroleum

Hamza Abdullah Bakhash

Hamza Abdullah Bakhash

Chairman
Waleed Al-Bader

Waleed Al-Bader

Chief Executive Officer, Board Member
Yousif Abdullah Al-Yateem

Yousif Abdullah Al-Yateem

Vice Chairman
Ahed Abdulla S. Al-Khurayif

Ahed Abdulla S. Al-Khurayif

Deputy C.E.O. Admin & Commercial
Saad Edhilis Boukhosa

Saad Edhilis Boukhosa

Board Member
Bader Ahmad Al-Munaifi

Bader Ahmad Al-Munaifi

Board Member
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Kuwait National Petroleum Office Locations

Kuwait National Petroleum has an office in Ahmadi
Ahmadi, KW (HQ)
Hamad Al Zuwayer St
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Kuwait National Petroleum Financials and Metrics

Summary Metrics

Founding Date

1960

Kuwait National Petroleum Revenue

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Kuwait National Petroleum's revenue was reported to be KD7.6 b in FY, 2020 which is a 18.4% decrease from the previous period.
KWDFY, 2018FY, 2019FY, 2020

Revenue

7.2b9.3b7.6b

Revenue growth, %

29%(18%)

Cost of goods sold

6.9b9.4b7.5b

Gross profit

291.5m(34.0m)95.6m
KWDFY, 2018FY, 2019FY, 2020

Cash

94.4m29.9m68.6m

Accounts Receivable

134.8m136.5m71.5m

Prepaid Expenses

13.7m13.9m16.0m

Inventories

432.8m448.7m321.2m
KWDFY, 2018FY, 2019FY, 2020

Net Income

134.6m(203.5m)(45.7m)

Depreciation and Amortization

60.1m86.6m118.3m

Inventories

11.3m(10.6m)131.7m

Accounts Payable

(15.0m)(4.6m)(1.2m)
KWDFY, 2018

Revenue/Employee

1.2m

Debt/Equity

1.2 x

Debt/Assets

0.3 x

Financial Leverage

4.7 x
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Kuwait National Petroleum Operating Metrics

FY, 2018FY, 2019FY, 2020

Annual Production Volume (Gas Oil/Diesel), tonnes

8.53 t8.75 t7.9 t

Annual Production Volume (Kerosene/ATK), tonnes

6.44 t6.9 t5.85 t

Annual Production Volume (Naphtha/Car Gasoline/ Reformat), tonnes

7.31 t7.35 t6.72 t

Refined Crude Oil Production Volume, barrels

243 m252.6 m226.4 m
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Kuwait National Petroleum Acquisitions / Subsidiaries

Company NameDateDeal Size
Kuwait Aromatics Company K.S.C.
Kuwait Aviation Fuelling Company K.S.C.

Kuwait National Petroleum Revenue Breakdown

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Kuwait National Petroleum revenue breakdown by business segment: 6.6% from Aromatic Products, 64.4% from Refined Products, 26.1% from Liquefied Petroleum Gas and 2.9% from Other

Kuwait National Petroleum Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Kuwait National Petroleum Online and Social Media Presence

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Kuwait National Petroleum News and Updates

Commissioning Hydro Cracking Unit at MAB

KNPC announced the operation of the Hydro Cracking Unit No. 214 at MAB, a new CFP unit. It works on breaking down heavy gas oil, then converts it into high-value and quality light products.

Kuwait Petroleum Corporation buys gasoline from global market

The Kuwait Petroleum Corporation (KPC) has resorted to buying gasoline from the international market at a value of KD 135 million (about $ 450 million) during the last fiscal year 2019/2020 in conjunction with the increase in local consumption of gasoline and the delay in the implementation of some …

KNPC Receives 16 Modern and Advanced Fire Fighter Engines

The Company received 16 modern and advanced Fire Fighter Egines from the well-established American company "Pierce" for Firefighting and Rescue equipment, specialized in manufacturing such type of vehicles.

Winners and highly commended at the 2020 Middle East Energy Awards

Kuwait National Petroleum Company’s (KNPC) Clean Fuels Project aims to expand and upgrade Mina Abdullah and Mina Al-Ahmadi refineries to be an integrated refining complex with a total capacity of 800,000bpd.

KNPC" and "OAPEC" Sign a Memorandum of Understanding on Research and Development

KNPC inked a Memorandum of Understanding (MoU) with the Organization of Arab Petroleum Exporting Countries (OAPEC) in the fields of Research, Digital Libraries and the Development of the Oil Sector. The Memorandum was signed at the headquarters of the Organization, and it was signed by our Company C…

KNPC Launches a Car Wash Service at the 140 and 148 Filling Stations

The Company's Local Marketing Department has launched a Car Wash Service at two Filling Stations, No. 140 in Sabah Al-Ahmad City, and No. 148 in Jaber Al-Ahmad City.
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Kuwait National Petroleum Frequently Asked Questions

  • When was Kuwait National Petroleum founded?

    Kuwait National Petroleum was founded in 1960.

  • Who are Kuwait National Petroleum key executives?

    Kuwait National Petroleum's key executives are Hamza Abdullah Bakhash, Waleed Al-Bader and Yousif Abdullah Al-Yateem.

  • How many employees does Kuwait National Petroleum have?

    Kuwait National Petroleum has 6,264 employees.

  • What is Kuwait National Petroleum revenue?

    Latest Kuwait National Petroleum annual revenue is KD7.6 b.

  • What is Kuwait National Petroleum revenue per employee?

    Latest Kuwait National Petroleum revenue per employee is KD1.2 m.

  • Who are Kuwait National Petroleum competitors?

    Competitors of Kuwait National Petroleum include Par Pacific, SATORP and Kuwait Oil Company.

  • Where is Kuwait National Petroleum headquarters?

    Kuwait National Petroleum headquarters is located at Hamad Al Zuwayer St, Ahmadi.

  • Where are Kuwait National Petroleum offices?

    Kuwait National Petroleum has an office in Ahmadi.

  • How many offices does Kuwait National Petroleum have?

    Kuwait National Petroleum has 1 office.