كونا : KPC CEO: Kuwait eager to contribute to global energy security, economic growth – عام – 03/12/2022 – Kuwait News Agency

كونا : KPC CEO: Kuwait eager to contribute to global energy security, economic growth – عام – 03/12/2022 – Kuwait News Agency

ROME, Dec 2 (KUNA) -- The state-owned Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud Nasser Al-Sabah affirmed on Friday KPC's keenness to develop the Kuwaiti oil sector to effectively contribute to maintaining global energy security and achieving economic and industrial growth.



"The KPC, as a leading energy institution, is interested in retaining global energy security and supporting a national and global economic growth," Sheikh Nawaf Saud told KUNA on the sidelines of his participation in the Rome-hosted Mediterranean Dialogues (MED 2022).



He asserted that KPC is also keen on meeting the needs of energy markets and its customers around the world from crude oil and petroleum derivatives.



He highlighted the corporation's investment plans to increase production capacity and introduce new products through its three refineries: Al-Zour refinery, Mina Al-Abdulla and Mina Al-Ahmadi.



He pointed to the ambitious clean fuel project that was launched in March 2020 and is scheduled to be completed in the first quarter of 2023 to produce environmentally friendly petroleum derivatives, exporting low-sulfur diesel to European markets and increasing production from this products to one million tons this year, with plans to be doubled