Kuwait’s state refiner KNPC shuttered its aging 200,000 b/d Shuaiba refinery at the end of March.

The plant was originally slated to operate until the start-up of the country’s ambitious $12bn ‘clean fuels project’ refinery expansion and upgrade plans. But this in turn has been pushed back from 2017 to 2018-19, and even the latter timeframe may prove ambitious. (CONTINUED - 820 WORDS)