Kuwait National Petroleum Company (KNPC) has sanctioned plans to develop a KD1bn ($3.3bn) permanent LNG import terminal, according to the Kuwait News Agency (KUNA).

The facility at the Mina al-Ahmadi port will have a processing capacity of 1.5bn cfd of gas, with four storage tanks with a capacity of 180,000m3 each. There will be scope for the project’s send-out capacity to be expanded to 3bn cfd, with the potential addition of another four tankers. (CONTINUED - 376 WORDS)