Page 11 - DMEA Week 28 2021
P. 11

DMEA                                             SUPPLY                                               DMEA


       First LNG cargo arrives at Al-Zour





        MIDDLE EAST      KUWAIT’S  new regasification terminal at  metres per day of gas.
                         Al-Zour received its first shipment of LNG this   Imports of LNG are seen playing a major role
                         week as work remains ongoing to prepare per-  in Kuwait’s aim to increase the use of cleaner
                         manent units for start-up.           fuels, with the same aim aided by the recent com-
                           According to the Kuwait News Agency  pletion of its $15.7bn Clean Fuels Project which
                         (KUNA), state-owned Kuwait Integrated Petro-  covered the overhaul and expansion of its two
                         leum Industries Co. (KIPIC) received a 213,000  key existing oil refineries.
                         cubic metre cargo of Qatari LNG at its LNG   The $16.1bn Al-Zour complex will also be
                         Import (LNGI) terminal.              home to a 615,000 barrel per day (bpd) refinery
                           A KIPIC spokesman said that the firm was  that is due for commissioning later this year.
                         expecting to receive a second consignment of   KIPIC had set a target commissioning date
                         Qatari gas, this time on a vessel with a capacity  of late 2020 for the refinery but this was pushed
                         of 217,000 cubic metres.             back to Q1 2021 as restrictions relating to coro-
                           The news follows reports that KIPIC’s parent,  navirus (COVID-19) slowed progress.
                         Kuwait Petroleum Corp. (KPC) had contacted   The refinery’s first mini refining unit will
                         traders last month for a cargo delivered ex-ship  begin operations in November, as it gradually
                         (DES).                               ramps up ahead of being fully operational at the
                           The 22mn tonne per year (tpy) facility is part  end of Q1 2022.
                         of a massive new downstream hub at Al-Zour   Meanwhile, a 2.8mn tpy petrochemical facil-
                         developed by KIPIC which was set up for the  ity is expected to follow, with a provisional date
                         purpose.                             set for 2024 on units that will be capable of pro-
                           LNGI is home to eight storage tanks with a  ducing 1.4mn tpy of paraxylene (PX), 940,000
                         capacity of 225,000 cubic metres and a regasifi-  tpy of polypropylene (PP) and 420,000 tpy of
                         cation facility capable of processing 3bn cubic  gasoline.™























































       Week 28   15•July•2021                   www. NEWSBASE .com                                             P11
   6   7   8   9   10   11   12   13   14   15   16