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

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(KOTC) inaugurates the construction of two electricity generation stations using solar energy

13-06-2023

Today, Monday, Kuwait Oil Tanker Company inaugurated the construction of two electric power generation stations using solar energy, with the aim of providing the liquefied gas filling branches (Shuaiba and Umm Al-Aish) with the electrical energy necessary for operation through renewable and environmentally friendly energy sources. The company's acting CEO, Sheikh Khalid Ahmad Al-Sabah, said in a speech during the inauguration ceremony that this project comes within the framework of the ambitious (oil tankers) plan aimed at preserving the environment and preventing pollution from greenhouse gas emissions. And Sheikh Khaled Al-Sabah indicated that (oil tankers) is the first company to turn to solar energy in promoting and enabling self-energy by exploiting solar energy for the liquefied gas filling plants in Shuaiba and Umm Al-Aish. He explained that this project will provide 7 megawatts of electricity, which is equivalent to 16,000 barrels of oil annually, which will be provided by approximately reducing the emission of 8,360 tons annually of greenhouse gases. He stressed that the launch of this project came as part of the energy transformation strategy 2050 of the Kuwait Petroleum Corporation and its subsidiaries within the framework of the corporation's endeavor to achieve a neutral zero rate of direct or indirect emissions. He stated that the Oil Tanker Company is taking several measures to ensure the reduction of its carbon footprint, which included reducing carbon dioxide emissions resulting from its activities to confront the phenomena of climate change and the negative impact of gaseous emissions harmful to the environment. For his part, head of the gas projects team and supervisor of the renewable energy project in (oil tankers) Saad Al-Qahtani said in a similar speech that this project is unique and an unprecedented step to operate vital oil facilities based on clean renewable energy. Al-Qahtani explained that the project aims to produce electricity in a sustainable manner to fully operate the company's liquefied gas filling plants from these sources. He stated that the project reflects the fruitful cooperation with the Kuwait Institute for Scientific Research as a technical advisor for the project and gives the opportunity for the private sector to participate in the implementation of important works in the oil sector, which achieves the greatest benefit from the expertise of specialized companies in this field. For his part, the CEO of Life Energy Company for Electricity and Renewable Energy (the company executing the project) Hamad Al-Radhan expressed his gratitude for the opportunity for (Life Energy) to implement this important project. He praised the role of the Kuwait Oil Tanker Company in supporting such projects in the field of renewable energy, which will play a major role in diversifying energy sources.

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