VOL. XL

No. 13

31 March 1997

KUWAIT

KPC Confirms Closure Of Danish Refinery On 1 April

The Kuwait Petroleum Corporation's (KPC) has confirmed that its59,000 b/d Stigsnaes (Gulfhavn) refinery in Denmark will be officially shut down on 1April in line with a decision taken last August (for details, see MEES, 5 August 1996). KPC decided to close down the refinery as part of strategic restructuring of itsdownstream operations in Northwest Europe, owing to the uncompetitive nature of the plantwith...