According to sources, Kuwait Petroleum Corporation (KPC) is in negotiations for a pipeline asset deal valued at approximately $7 billion, with global investment giants BlackRock, Brookfield Asset Management, and U.S. energy investment firm EIG all expressing interest in participating.

The potential transaction involves the transfer of operational rights for certain oil pipelines in Kuwait. If successfully completed, it will become one of the largest energy infrastructure deals in the Middle East this year. The competition among multiple capital parties reflects strong confidence from international investors in the long-term returns of Gulf region energy assets. Currently, negotiations are still at a preliminary stage, and the specific transaction structure and shareholding ratios of each party have not yet been finalized. The Kuwaiti government hopes to improve the operational efficiency of the pipeline network by introducing international professional operators, while investors are attracted by its stable cash flow and the scarcity of infrastructure under the backdrop of energy transition.