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KNPC moving forward with Al-Zour refinery project - CEO
July 21, 2015, 11:14 am
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The Kuwait National Petroleum Company (KNPC) is moving forward with Al-Zour refinery project according to plans, CEO Mohammad Al-Mutairi said Monday. His remarks to reporters came during a visit to Mina Abdullah, Mina Al-Ahmadi and Shuiaba refineries along with Deputy CEO for Support Services Khaled Al-Asousi.

As for KNPC's clean fuel project, Al-Mutairi noted that the venture is now at 27 percent progress rate and work is underway to complete linkage between project units and the refineries of Mina Al-Ahmadi and Mina Abdullah. He also underlined the level of readiness and commitment embraced by refinery workers, who work around the clock and under all circumstances.

Al-Mutairi pointed out that KNPC's upper management is aware of such commitment, which complements the Company's strategic role assigned by the mother company, Kuwait Petroleum Corporation (KPC), and the State. On his part, Deputy CEO Al-Asousi said that KNPC would not spare an effort in supporting and developing national human resources, terming it "our most valuable asset.

"We are a government-run company that works transparently and bids to achieve the State's objectives." Al-Zour project is intended to build a grass root refinery with a total capacity of 615,000 barrels per day. Should it be operated, the USD-14-billion refinery will be one of the largest oil refining plant worldwide, and will fulfill the long-term strategy of KPC, spanning all the way to 2030. 

Source: KUNA

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