Kuwait: LNG Terminal
Issue 991
- 25 Apr 2015
| 1 minute read
Kuwait National Petroleum Company (KNPC) has approved a KD1bn ($3.3bn) budget for the new liquefied natural gas (LNG) import terminal, work on which is expected to start by the end of 2015, state news agency Kuna reported in late March. The project is a clear signal that imports of natural gas have become a permanent feature of Kuwait’s energy mix. The unit is to have 1.5bcf/d processing capacity, with four 180,000m3 storage tanks. Send-out capacity could be expanded to 3bcf/d, with the potential addition of four tanks. Kuwait has been importing feedstock via mainly spot sales delivered to a floating liquefied natural gas (FLNG) facility at Mina Al-Ahmadi.
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