Kuwait National Petroleum Co plans to sign a 260 million-dinar ($893 million) contract with South Korea’s Daelim Industrial Co to build a fourth gas production line, also known as trains, at its Mina Al-Ahmadi refinery, said a spokesman at the state-run refiner.
“We already have three trains, this is the fourth gas train with an associated pipeline,” Mohammed al-Ajmi said in a phone interview today. KNPC hopes to sign the contract at the end of this month, he said.
KNPC plans to spend 410 million dinars on natural gas projects by the end of 2013, state-run KUNA reported June 3, citing Deputy Chairman Asaad al-Saad. The projects include a fourth gas pipeline costing 260 million dinars with a capacity of 850 million cubic feet per day, al-Saad said, according to KUNA. A second project costing an estimated 150 million dinars would boost the production capacity of an existing acid gas treatment plant, KUNA said.
Mina Al-Ahmadi is the largest of Kuwait’s three refineries and has a capacity of 460,000 barrels a day.
No comments:
Post a Comment