19.01.2015 Views

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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