KPC has owed for years about 7 billion Kuwaiti dinars ($23.14 billion) in dividends to the General Reserve Fund (GRF), one of Kuwait's sovereign funds.
GRF and KPC agreed in recent years a repayment schedule, but GRF now wants to review it and accelerate it as part of government efforts to cover the deficit, said the sources.
Mangalore Refinery and Petrochemicals was another Indian refiner looking to boost contract volumes, seeking a 14% uplift to 40,000 bpd while raising optional purchase volumes to 15,000 bpd from 10,000 bpd in 2020/21.