New plants and expansions are slated to more than double capacity to 2mn b/d 2035.

Kuwait’s state refiner KNPC has officially launched its downstream strategy to 2040, under which the company will invest around $25bn by 2040 on a number of projects including a new refinery and two gas fractionation trains (see box).

KNPC chief executive Muhammad al-Mutairi says the company aims to increase Kuwait’s refining capacity to 2mn b/d by 2035. KNPC is currently undertaking a...