(MENAFN - Qatar News Agency) A Kuwaiti ranking official has said that the Kuwaiti National Petroleum Company (KNPC) is set to complete the fourth gas pipeline project next March.
Shukri Al-Mahrous, the KNPC's Deputy Chief Executive Officer for Planning and Local Marketing , said in an exclusive interview in the latest issue of "Alam Al-Mu'asasah" (KPC World) magazine, published by the Kuwaiti Petroleum Corporation,here on Sunday that the umbrella of the national oil companies, that the company had launched this huge financial project in 2010, adding that it includes building a fourth unit to treat liquefied oil gas, with a storage capacity of 805 million cubic feet of gas and 106,000 barrel per day of condensate
Elaborating he said that th project aims to treat future greater output of gases and condensates, emanating from oil and gas fields, turing them into liquefied gases for exporting, while separating ethane and methane gase
He made clear that the new tanks will allow the KNPC to load two liquefied gas tankers at once, increasing the storage and exporting capacity for extra gas products, expected to come out of building new gas liquefying units in Al-Ahmadi refiner
Al-Mahrous also mentioned the company's sulphur treatment project, noting that Kuwait produces about 850,000 tons of sulphur each year, which is expected to rise to two million tons by 201
It is noted that KNPC had recently completed all engineering studies for its fifth line project to produce liquefied gas, noted Al-Mahous, adding that the company is also working on executing a project to build northern tanks for liquefied gas, which will enable the company to store and export gas-related products