Blackstone, Brookfield and KKR will invest $16 billion in Kuwait's oil pipeline network. The investors will establish a joint venture with KOC and acquire 49% of the shares in the joint venture. The joint venture will obtain a 20.5 year lease for the pipeline, and then lease the pipeline back to the state-owned oil company.

Blackstone, Brookfield and KKR will invest $16 billion in Kuwait's oil pipeline network. The investors will establish a joint venture with KOC and acquire 49% of the shares in the joint venture. The joint venture will obtain a 20.5 year lease for the pipeline, and then lease the pipeline back to the state-owned oil company.