Koc Postponed Tender

Kuwait Oil Company (KOC) postponed until next year the floating of a tender to upgrade the gas depot in the southern part of the country, reports Al-Jarida daily quoting a source from the oil sector. The source disclosed that the tender for the project with an estimated cost of $290 million. He pointed out that floating the tender has been delayed as it was supposed to be done by the end of 2018, but the procedures taken by the oil and gas sector caused the delay. Several years ago, KOC announced its plan to build a new gas booster station in Southeast Kuwait as part of its plan to increase oil production

 

SOURCE : ARABTIMES

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