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Race To Finish Gas Line – Imports Cut
According to reliable sources from the oil sector, the Kuwait National Petroleum Company (KNPC) is racing against time to finish the fifth gas pipeline project being executed at the Mina Ahmadi Refinery, reports Al- Anba daily. They explained that the project is considered one of the most important ones currently being executed by the company. It includes building units with an estimated production capacity of 805 million cubic feet of gas per day and 106 thousand barrels of condensate per day to meet the local needs of gas.
The project will meet Kuwait’s needs for clean fuel and reduce gas imports, as liquefied petroleum gas and liquefied natural gas are considered a major source of clean energy on a large scale due to its limited environmental impacts.
The project aims to establish a fifth unit for the production of liquefied petroleum gas in the Mina Ahmadi refinery to absorb and treat the expected increase in gas and condensate production following the implementation of future plans to develop gas exploration in oil and gas fields.
KNPC signed contracts worth KD 433 million (equivalent to USD 1.4 billion) for the fifth gas pipeline project with the company Tecnicas Reunidas Saudia for Services & Contracting Co. Ltd. in May 2015. The value of the mandatory contractual cost of the project is KD 355 million. The sources affirmed that the total capacity of the five gas lines of the company will reach 3.125 billion standard cubic feet per day and 332 thousand barrels per day of condensate after the completion of the project.
SOURCE ARABTIMESONLINE
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