The head of state oil company Kuwait Petroleum Corp (KPC), Farouk Al-Zanki, said on Wednesday that a Brent crude oil price of around $90-$100 per barrel is acceptable.

Al-Zanki also told Reuters on the sidelines of a visit to a refinery in Yokohama, south of Tokyo, that the company was still looking for another partner for its around $9 billion joint project with Sinopec to build an oil refinery and petrochemical plant in southern China. – Reuters