By October 19, 2015 Read More →

$16B Kuwait oil refinery OK’d, construction to be complete by 2019

Kuwait oil refinery should be fully operational by end of 2020

Kuwait oil refinery

The new Kuwait oil refinery will provide fuel to nearby power generation plants.

After over a decade of political disputes and red tape battles, the $16 billion Al Zour Refinery has been given the green light and construction which is slated to begin soon should be wrapped up by the end of 2019.

The project is located south of Kuwait City and is expected to produce 615,000 barrels of Kuwait export crude per day.

The refinery will produce low sulphur fuel, less than 1 per cent, compared to current four per cent sulphur fuel which will be the prime supplier to local power plants.  The Al-Zour refinery will provide 225,000 barrels per day to the nearby power generation plants.

The low sulphur fuel is expected to significantly reduce pollutant emissions.

The Al-Zour Refinery will be one of the largest oil refining plants worldwide and will be the largest in the Middle East, accounting for 43 per cent of the country’s refining capacity.

Along with Kuwaiti refineries in Italy and Vietnam, with the completion of the Kuwait refinery, the country’s total refining capacity will be close to two million barrels inside and outside Kuwait.

The new refinery is expected to be fully operational by the end of 2020.

Daewoo Engineering & Construction Co., Tecnicas Reunidas SA and Hyundai Heavy Industries Co. are some of the companies that have been contracted to build Kuwait’s $16 billion Al Zour oil refinery.




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