KPC has plans for 2.5mn b/d of global refining capacity by 2021.

State petroleum firm Kuwait Petroleum Corporation (KPC) despatched a 2mn barrel crude oil cargo to Vietnam on 3 August, to provide feedstock for the start of commercial operations at the 200,000 b/d Nghi Son joint venture refinery.

KPC’s overseas downstream unit KPI has 35.1% of the Nghi Son project, where Japan’s Idemitsu is operator with 35.1%, while state firm PetroVietnam has 25.1% and Japan’s Mitsui...