Kuwait National Petroleum Company (KNPC) will carry out three projects with a combined value of KWD 370 million during fiscal year 2019/2020, an informed source in the oil sector told Al-Anba newspaper.
The first investment involves upgrading power plants at Mina Al Ahmadi Refinery with a cost of KWD 70 million, the source added.
The second project comprises establishing a KWD 200 million crude oil unit at Mina Al Ahmadi Refinery.
The third investment which worth KWD 100 million includes building a large gas pipeline for the liquid petroleum gas (LPG) filling factory in Umm Al Aish region.
These investments will contribute to boosting KNPC’s projects portfolio, the source said.
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