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...