Sheikh Nawaf Al Sabah, CEO of Kuwait Petroleum (KPC), has formed a new team led by his deputy for planning to ensure “central coordination” of subsidiary mergers under a plan put forward earlier this year (MEES, 12 April). According to documents seen by local daily al-Anbaa, KPC will transfer LPG bottling plants at Shuaiba (13mn cylinders/year) and Umm al-Aish (15mn cylinders/year) that are currently operated by its shipping subsidiary KOTC to refining firm KNPC. The latter is expected to eventually operate all of Kuwait’s 1.4mn b/d refining capacity after merger with Kipic. KPC also plans for its two upstream firms KOC and KGOC to merge (MEES, 26 July).