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Kuwait’s state-owned Kuwait Petroleum Corporation (KPC) is looking to expand its domestic petrochemicals operations further, despite the virtual certainty of obstacles as the fractious relationship between parliament and government makes project development a tortuous process.
Following last week’s replacement of company heads across Kuwait’s upstream and downstream petroleum operations ( MEES, 8 February ), newly-appointed KPC chief executive Hashem Hashem this week indicated that a new plastics project is on the drawing board.
“We are currently moving ahead with our integration plan at Al Zour refinery through Olefins 3 and Aromatics 2,” Mr Hashem said at the Petroleum Economist’s 5th GCC Energy Strategy Forum in Kuwait City on 5 February. “We are also assisting building Olefins 4 in Kuwait.” (CONTINUED - 546 WORDS)
DATA INSIDE THIS ARTICLE
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