Kuwait National Petroleum completes big biofuels project
KUWAIT CITY, April 7, 2020
Kuwait National Petroleum Corp (KNPC) has announced the completion of its biofuels project after the successful launch of the last two production units coming on-stream, reported the state-run Kuwait News Agency.
The two new coal and naphtha hydro treating units will produce 37,000 and 8,400 barrels per day (bpd) of oil equivalent respectively, stated the report, citing a top KNPC official.
"The two refineries are undergoing upgrades and expansion as part of the Clean Fuels Project (CFP) with a focus on producing higher-value products such as diesel and kerosene for export," remarked its CEO Waleed Al Badr.
Upon completion, Al Ahmadi refinery, which consists of 31 units, will have a production capacity of 364,000 bpd, KUNA quoted Abdullah Al Ajmi, the deputy CEO for projects, as saying.
The cost of the biofuels project has reached 4.6 billion dinars ($14.7 billion), said Al Ajmi.
After the units in Mina Abdullah come on-stream, the biofuel project will have a capacity of 800,000 bpd, he added.
