KIPIC inaugurates second phase of Al-Zour refinery

KIPIC inaugurates second phase of Al-Zour refinery

KUWAIT: KIPIC’s CEO Waleed Al-Bader on Tuesday announced the launch of the second phase of Al-Zour refinery, stressing accomplishing further progress according to the expected time. In a statement, Al-Bader told KUNA that running the second phase comes with national day’s celebrations and specifically after a few months after running the first phase, adding that it is considered a huge achievement in the history of Kuwait’s petroleum industry.

He pointed out that the Al-Zour refinery project may achieve economic returns by offering job opportunities, and securing promising oil markets, besides providing steady oil supplies with low sulfur content in order to improve air quality. Furthermore, he added that launching the second phase will result in increasing refining capacity from 205,000 pb to 410,000 pb.

The third and final phase is expected to work with the maximum refining capacity from 615,000 pb to 535,000 pb Al-Bader added that Al-Zour Refinery is considered one of the most important pillars of KPC’s 2040 strategy in shaping the future of Kuwait’s oil industry by promoting the country’s exports of high-quality petroleum and products that conform to future specifications in global markets.

He indicated that the refinery increased the material revenues and supports the power of Ministry of