Middle East Economic Survey
Kuwaits SPC Endorses Fourth Refinery Plan, Engineering Contract Award In November
Kuwaits Supreme Petroleum Council (SPC), at a meeting on 3 August, agreed to establish a fourth refinery in the country. The 430,000 b/d capacity facility is expected to cost around $3.3bn. A senior Kuwait National Petroleum Company (KNPC) official said on 4 August that engineering tenders would be issued during August, with a view to an initial...