As KNPC signs contracts for the long-delayed Al-Zour refinery, Oil Minister ‘Ali al-‘Umair says spending on petroleum sector projects will not slow despite oil prices.
State refiner Kuwait National Petroleum Company (KNPC) has signed engineering, procurement and construction (EPC) contracts worth a combined KD3.95bn ($13.1bn) for construction of the 615,000 b/d Al-Zour refinery, first mooted many years ago but repeatedly delayed by political wrangling. (CONTINUED - 758 WORDS)
