Kuwait's Mina Al-Ahmadi Refinery Will Meet Growing Need For Gasoline Consumption With Shuaiba Refinery
Kuwait's Mina Al-Ahmadi Refinery will meet the growing need for gasoline consumption with Shuaiba refinery out of the picture, Kuwait National Petroleum Company (KNPC) CEO Mohammad Al-Mutairi said on Thursday.
In a statement to the press, Al-Mutairi said that Mina Al-Ahmadi refinery features two units for gasoline production, in addition to a third for gas compounds. Moreover, he said that KNPC's refining capacity would be 746,000 barrels per day (bpd) after the closure of the long-running Shuaiba refinery, a figure that largely hinges on the needs of the local market.
He pointed out that after KNPC's "Clean Fuel Project" comes to fruition next year, the company's refining capacity will be boosted to 801,000 bpd. The KNPC CEO also spoke of plans to import fuel oil as local fuel consumption has skyrocketed. On plans to privatize fuel stations, he said that "it is still tentative at this point" and that the company fully supports the country's private sector.