Profile: IPG | Independent Petroleum Group

KUWAIT STOCK EXCHANGE (KSE)Trading Hours: Sun - Thu 9:00 am-12:30 pm

Independent Petroleum Group IPG
IPG 0.00%
Oil and Gas 4.99%
KSE 0.66%
Last Value
% Change
Price in KW Fils Last Update : 02 Aug 2017 11:00 am (local time)


Corporate Details
Symbol IPG
Exchange Kuwait
Sector Oil & Gas
Auditors RSM Albazie & Co.
Company Description

Independent Petroleum Group (IPG) is actively engaged in the trading and marketing of crude oil, petroleum products, LPG, petrochemicals and fertilizers. The company operates through its joint ventures and subsidiaries located in Lebanon, Mozambique, Kingdom of Saudi Arabia, Djibouti, Singapore and Morocco.The Company activities are focused in the regions of Red Sea, East Africa and the Indian Sub-Continent.

Company Activities

The main activities of the company include trading of crude oil and petroleum products; strategic investments and joint ventures in petroleum storage facilities, terminal and distribution facilities, and other activities related to the petroleum industry, in addition to providing consulting services in the petroleum petrochemical fields.

Equity Profile
Date Established Sep 11, 1976
Listing Date Dec 10, 1995
Paid-up Capital (KW Fils) 15,225,000
Outstanding Shares 144,630,000
Shares Per Value 0.100
Contact Information

P.O Box: 24027, Safat, Kuwait

+965 2531 2840

+965 2227 6100



Company History

Independent Petroleum Group Company was established on 11 September 1976 as a Kuwaiti Shareholding Company.

Board Members & Senior Management
Mr. Khalaf Ahmad Ali Al-Khalaf Chairman
Mr. Ghazi Fahad Abdulaziz Al-Nafisi Vice Chairman
Mr. Waleed Jaber Hadeed Executive Managing Director
Mr. Abdulla Mohammad Aqeel Zaman Managing Director
Mr. Ali M. Al-Radwan Board of Directors
Mr. Ali R. Al-Bader Board of Directors
Mr. Mohammed Al-Qasim Board of Directors
Mr. Abdulla Al-Kandari Board of Directors
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