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Insurer will pay $150 million to repair damage to oil refinery

Posted On: Dec. 6, 2019 5:57 AM CST

Kuwaiti oil

Kuwait National Petroleum Co. KSC’s insurer estimates that it will cost $150 million to repair the company’s sites that were damaged by heavy rains in 2018, Arab Times reported citing Annahar daily. The oil refinery’s insurance policy covers damages caused by rain.

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