MRC -- Kuwait’s mega Al-Zour refinery is now fully operational, Kuwait Integrated Petroleum Industries Co. announced on Sunday, as per Bloomberg.
Bringing online the third of the three mini refineries that make up Al-Zour will gradually take the facility’s refining capacity to 615,000 barrels a day from a current 410,000 barrels a day, KIPIC chief executive officer, Waleed Al-Bader, said in a statement.
The plant was shut down last month after a fuel gas feed was cut off. The delay in reaching full operation was due to an issue with a unit, a person familiar with the matter said at the time.
Al-Zour, which is one of the biggest oil-processing facilities in the Middle East, will boost the nation’s refining capacity to about 1.5 million barrels a day.
We remind, Egypt's Suez Canal economic zone and Scatec ASA have signed a memorandum of understanding worth $1.1 B to supply ships with green fuel, a Suez Canal statement said on Sunday. The MoU agreed on the sidelines of the COP28 conference held in Dubai envisages production of 100,000 tons of green methanol per year by 2027, the statement said.