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(KIPIC): Air conditioning units for the second phase of Al-Zour Refinery

07-03-2023

The CEO of the Kuwait Integrated Petroleum Industries Company (KIPIC), Waleed Al-Bader, announced today, Tuesday, the operation of the second phase units of Al-Zour refinery, "one of the most important strategic national projects for the State of Kuwait," stressing his keenness to continue achieving the great achievements successively and according to the estimated timetable for the project. Al-Bader told Kuwait News Agency (KUNA) that the operation of the second phase coincides with the national holidays of the State of Kuwait and a few months after the start of the commercial operation of the first phase, noting that it is considered a "historic event and an outstanding achievement" not only in the history of (Quebec) but in the history of the oil industry. Kuwait as a whole. He pointed out the importance of the Al-Zour refinery project due to the large economic dimensions that are expected to be achieved after its operation and its role in providing new job opportunities for Kuwaiti youth and securing promising markets for Kuwaiti oil products in the global markets, in addition to the refinery’s role in providing stable, stable and safe supplies of oil products with low sulfur content and achieving the goal A strategy for the State of Kuwait to improve air quality. He explained that with the launch of the second refinery, the refining capacity will increase from 205,000 barrels to 410,000 barrels per day, after which the final stage will start operating the third refinery to reach the maximum targeted refining capacity, which ranges from 615,000 barrels per day as a maximum when refining Kuwaiti light crude oil to 535,000. barrels per day for a mixture heavier than oil. Al-Bader added that Al-Zour Refinery is considered one of the most important pillars of KPC’s strategy for the year 2040, given the great and pivotal role entrusted to it in shaping the future of Kuwait’s oil industry by promoting the country’s exports of high-quality petroleum products that conform to future specifications in global markets. And he indicated that operating the Al-Zour refinery would raise the material revenues of the state and support the power generation stations of the Ministry of Electricity and Water by providing them with constant, stable and environmentally safe supplies, currently estimated at 150,000 barrels of fuel with low sulfur content, divided between the two refineries, in order to meet the increasing demand for electric energy as a result of population and urban growth. Aiming to achieve internal self-sufficiency. Al-Bader said that there are external roles for Al-Zour Refinery by providing it with other refining products for export to global markets with standard specifications and to meet commercial operation and keep pace with global demand, as the company established the largest industrial island in the middle of the sea, which is used to export liquid petroleum products through two loading platforms with four berths and a central platform for export Liquid products through the island through four pipelines under the sea. He pointed to the importance of commitment to health, safety and the environment, which is one of the basic pillars that the company seeks to apply always in accordance with the highest standards, stressing KIPIC's endeavor to instill the concept of full compliance with the concepts of health, safety and the environment to be a practical lifestyle for all its employees and contractors. He expressed his thanks for the efforts exerted by all those in charge of the project since its inception, saying, "It was truly a tremendous effort and strong and sincere patriotic arms during a long march of selfless giving in pursuit of the advancement of our beloved homeland." He also expressed his appreciation for the continuous support of the Kuwait Petroleum Corporation and the joint cooperation with associate companies in the oil sector, stressing that (KIPIC) continues to strive to achieve the targeted strategic plans according to the set timetable, raising the slogan (to make more possible).