KNPC Sets New Refining Capacity Target

KNPC Sets New Refining Capacity Target

Kuwait National Petroleum Company (KNPC) is planning to reach a maximum refining capacity of 1.6 million barrels per day (b/d) by 2025, Reuters reported.

This represents a downward revision of the original target of a 2 million b/d capacity, as Kuwait is currently reviewing its ambitious oil sector growth strategy.

KNPC has recently invited companies to bid for the mechanical maintenance contract for Mina Al-Ahmadi refinery and gas liquefaction plants.

Mina Al-Ahmadi refinery is being developed as part of a $12 billion clean fuel project.


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