Gas pipeline expected to be completed by year end, no new extensions needed – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

Gas pipeline expected to be completed by year end, no new extensions needed – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

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KUWAIT CITY, Sept 8: The Kuwait Oil Company’s $480 million gas pipeline, connecting northern Kuwait with the Mina Al-Ahmadi refinery, is expected to be completed before the end of the year, reports Al-Qabas daily. An oil source told MEED, “The project is expected to be mechanically completed and to start before the end of the year, as the Kuwait Oil Company has already extended the time available to the contractor to complete the project, but it is not expected that there will be more time extensions needed.”

India’s Larsen & Toubro was awarded the contract in April 2019. Since then, gas pipelines have become a strategic priority for the GCC. So far this year, nearly $8 billion in contracts have been awarded, up from $755 million in 2019, according to regional project tracker Med Projects. Earlier this year, the KOC obtained approval from the Central Agency for Public Tenders to extend the contract for approximately 240 days until December 26, 2022.