Kuwaiti Oil Barrel Price75.11 Date:22-11-2024

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KPC: Docking of the tanker (Ashley Lady) at Al-Zour Refinery to load the first shipment of naphtha product

18-11-2022

The Kuwait Petroleum Corporation and the Kuwait Integrated Petroleum Industries Company (KIPIC) announced today, Friday, the reception of the tanker (Ashley Lady), which is the first tanker to reach the artificial island of Al-Zour Refinery to load the first shipment of naphtha product for export to KPC customers. KIPCO spokesman Abdullah Al-Ajmi told Kuwait News Agency (KUNA) that the ship will carry 55,000 tons of petrochemical naphtha, which demand is witnessing a significant increase in global markets, expressing the pride of KIPIC and the Kuwait Petroleum Corporation behind it in this second historic achievement during Ayyam, represented in the export of the first commercial shipments from the giant Al-Zour Refinery. Al-Ajmi said that the wheel of commercial export from Al-Zour Refinery was actually launched, announcing the entry of the State of Kuwait to a new phase on the path to doubling production of high-quality petroleum derivatives, and thus increasing the national income in a way that lives up to the level of ambition and befits the great efforts made by workers in the oil sector during the last period. For his part, the managing director of global marketing at the Kuwait Petroleum Corporation, Sheikh Khaled Al-Sabah, praised in a similar statement to (KUNA) the historic achievement, stressing that the economic position of the State of Kuwait as one of the most important oil-producing countries in the world has made this historic event a qualitative and strategic leap and proved that it is a reliable partner. in the global energy market. Al-Sabah noted the high level of cooperation between KPC and KIPIC, stressing the importance of constructive cooperation and continuous coordination between national oil companies, leading to more of these great economic achievements that support the state’s national product and raise the level of income of the Kuwaiti citizen to the rank that befits him and his country. global level. The operation of the Al-Zour refinery is an important historical event, as the Al-Zour refinery project is one of the most important pillars of the country’s development plan, due to the refinery’s availability of quality fuel and international environmental standards to meet the local demand for energy, which will contribute to reducing emissions of gases polluting the environment and improving air quality. A vital outlet for the disposal of heavy Kuwaiti oils, as well as providing them with other products for export in international markets with standard specifications. With the anchoring of the giant naphtha tanker on the industrial island berth at Al-Zour Refinery, the Kuwait Integrated Petroleum Industries Company (KIPIC) recorded its second economic achievement in less than ten days. Two big dates in a matter of days.

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