Kuwait: KNPC to issue Al-Zour tenders


Issue 968 - 18 Apr 2014 | 2 minute read

Kuwait will issue the three main construction tenders for its new 615,000 b/d refinery in May and expects to sign contracts by early 2015, a Kuwait National Petroleum Company (KNPC) official said on 13 April. Al-Zour refinery, which is estimated to cost KD4bn ($14.2bn), will make oil products such as diesel, kerosene and naphtha for export, and low-sulphur fuel oil for domestic power stations, according to the Reuters news agency. The refinery will become the biggest in the Middle East, and will begin operations by late 2018 or early 2019.

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