Conference Presentation Campaign - Kuwait Oil Company
Conference Presentation Campaign - Kuwait Oil Company
Conference Presentation Campaign - Kuwait Oil Company
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Road Show <strong>Presentation</strong> on New Refinery, Clean Fuel Projects<br />
Event organized by KNPC, attended by sister companies<br />
KNPC recently organized a meeting attended by a large number of<br />
K-<strong>Company</strong> representatives at the Unity Centre in Ahmadi to introduce the<br />
road show of its New Refinery and Clean Fuel Projects.<br />
The meeting was inaugurated by KNPC DC & DMD for Planning & Local<br />
Marketing, Bakheet Al-Rasheedi.<br />
The Manager of the New Refinery Project, Khaled Al-Awadhi, said that the<br />
facility - which will be located at Mina Al-Zour area with a roughly KD 4<br />
billion cost and due to be commissioned in 2018 - was a national, strategic<br />
and environmental project to provide energy-generating stations with lowsulfur<br />
fuel in a safe and uninterrupted way.<br />
“The new refinery,” Al-Awadhi said, “will be able to produce 225,000 barrels<br />
of low-sulfur fuel oil per day and 239,000 b/d in case of refining a mixture of<br />
heavy oils, and has been designed to cope with the State’s environmental<br />
targets of improving the air quality by reducing sulfur dioxide emissions.”<br />
He added that the new refinery will be the largest and most advanced of<br />
its kind worldwide, provide job opportunities for the private sector and pave<br />
the way for the revival of the economic situation throughout the country,<br />
especially in the domains of housing, transport, freight, communications<br />
and alimentation.<br />
Speaking of the Clean Fuel Project, Project Manager Abdulla Fahad Al-Ajmi<br />
said that it was meant to develop KNPC refineries to become an Integrated<br />
Refining Complex covering the needs of different markets.<br />
“First among the goals of this KD 4.68 billion budget project was to improve<br />
the environmental performance of the refineries, to boost the safety and<br />
operational approbation and to maintain an optimal utilization of the energy,”<br />
Al-Ajmi said.<br />
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