Kuwait plans to nearly triple its overseas refining capacity. Its delayed 200,000 b/d Vietnam refinery, slated for May start-up, is the first step.

Vietnam’s 200,000 b/d Nghi Son refinery (KPI 35.1%, PetroVietnam 25.1%, Japan’s Idemitsu 35.1% and Mitsui Chemicals 4.7%) has only just announced readiness for start-up operations, seven months after Kuwait despatched a 2mn-barrel crude cargo for the plant’s commissioning (MEES, 4 August 2017). No reason has been given for the...