Middle East Economic Survey
VOL. LIII
No 49
6-Dec-2010
KUWAIT
Kuwait’s Refining Plans Face Further Delays
Hold-ups are costing KNPC market share as the world switches to low sulfur products.
Kuwait will not take a decision until next year on its long-delayed $30bn refinery upgrade and expansion plan, a Kuwait National Petroleum Company (KNPC) official tells MEES. Recently appointed state-owned Kuwait Petroleum Corporation (KPC) CEO Faruq al-Zanki is expected to appoint a head...
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