The state-owned energy giant has invited several global heavyweights to advance in the divestment process. Among those moving to the next stage are BlackRock’s Global Infrastructure Partners, Brookfield Asset Management, EIG Global Energy Partners, KKR, and Apollo. These firms have been encouraged to pool resources with other investors to meet the scale of the multibillion-dollar transaction, which involves leasing and re-leasing the pipeline infrastructure.

This move aligns Kuwait with its regional neighbors, Saudi Arabia and the United Arab Emirates, both of which have successfully offloaded minority stakes in energy infrastructure to international players. Saudi Aramco secured an $11 billion deal for its Jafurah gas processing facilities last year, while Abu Dhabi’s ADNOC previously sold a stake in its gas pipeline network to KKR. By following this template, Kuwait aims to raise significant capital through concession-based agreements, signaling that regional geopolitical tensions have not yet derailed its long-term financial strategy for state assets.