403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Kuwait adds USD2.88b to Al Zour refinery budget
(MENAFN) Kuwait's oil ministry decided to add USD2.88 billion to the budget allocated for Al Zour refinery, reaching now USD16 billion, according to the oil minister, Arabian Business reported.
The new addition had to obtain an official approval from Kuwait's Supreme Petroleum Council as a result of its urging importance, the oil minister added in the statement.
The refinery presently enjoys an output of around 615,000 barrels per day. The addition was set to be inaugurated years ago but it was constantly delayed due to conflicts between the parliament and the cabinet of Kuwait.
The new addition had to obtain an official approval from Kuwait's Supreme Petroleum Council as a result of its urging importance, the oil minister added in the statement.
The refinery presently enjoys an output of around 615,000 barrels per day. The addition was set to be inaugurated years ago but it was constantly delayed due to conflicts between the parliament and the cabinet of Kuwait.
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.
Comments
No comment