Kuwait's KPI signs contracts to develop Omani Duqm refinery project

Date

2/15/2018 9:05:15 AM

(MENAFN- Kuwait News Agency (KUNA)) By Osama Jalal

KUWAIT, Feb 15 (KUNA) -- Kuwait petroleum International (KPI) signed Thursday engineering contracts for the development and construction of Oman's Duqm refinery project, said an official.
Speaking to KUNA, KPI's CEO Nabeel Bourisli said that he was very glad to be working with the Omani Oil Company (OOC), affirming the Duqm project will help further develop energy cooperation.
Bourisil, also chairman of the board for the Duqm Refinery And Petrochemical Industries Corporation (DRPIC), revealed that the three engineering contracts, signed in Muscat Oman, will help develop of the refinery's main and supporting units in addition to services and facilities.
The Duqm refinery is located in Oman's Al-Wusta Governorate.
The Duqm refinery will be established on a total area of 900 hectares. Once completed, the refinery will have the capacity to process 230,000 barrels of crude oil per day for both local and international markets.
The KPI was established in 1983 as the KPC arm for marketing and refining outside Kuwait.
The state-owned OOC was established in 1996 to pursue investment opportunities in the wider energy sector both at home and abroad. (end) osj.gta

MENAFN301502201800490000ID1096407529

--MENAFN301502201800490000ID1096407529-->

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.