Tag: AlZour
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An expected decrease in the exports of the Kuwaiti Al-Zour Refinery after the closure of one of the units
It seems that the exports of the Kuwaiti Al-Zour refinery will witness a decline during the coming period, despite expectations of an increase in supplies to Europe and Asia to compensate for Russian fuel. The crude distillation unit at the refinery of the state-owned Kuwait Petroleum Corporation was closed due to a technical problem, according…
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Kuwait reduces oil exports to Asia for Al-Zour refinery
Kuwait intends to reduce its crude oil exports to Asia, starting next April, in conjunction with its plans to expand the production of oil derivatives. The Kuwait Petroleum Corporation asked some Asian refineries to obtain a lower share of oil under their annual deals, according to what was seen by the specialized energy platform. The…
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Al-Zour refinery in Kuwait raises its capacity to 410,000 barrels per day
Today, Tuesday, March 7 (2023), Kuwait started operating the second phase of the Al-Zour refinery, raising its production capacity to 410,000 barrels. The CEO of the Kuwait Integrated Petroleum Industries Company (KIPIC), Walid Al-Badr, said that the refinery is one of the most important strategic national projects for the State of Kuwait. Kuwait is counting…
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South Korea plans to win the Al-Zour petrochemical complex project in Kuwait
South Korean companies are competing to implement the Al-Zour Petrochemical Complex project in Kuwait, whose investments are estimated at about $10 billion. In this context, the South Korean government sent a team to support its companies winning contracts to build the huge petrochemical complex in Kuwait, according to data seen by the specialized energy platform.…
