New Kuwait company spearheads ambitious energy-industry plans
The Kuwaiti Government organized the Kuwait Petroleum Corp. (KPC) in early 1980. KPC, capitalized at the equivalent of $3.7 billion, consists primarily of the Kuwait Oil Co., Kuwait National Petroleum Co., Kuwait Oil Tankers Co., and the Petrochemical Industries Co., which all retain their identity. KPC will be involved in exploration, production, drilling, refining, marketing, transportation, planning, and petrochemicals. Kuwait has built a $1 billion LPG plant at Mina Al-Ahmadi which came on stream in Feb. 1979; the facility has three identical trains with a total gas capacity of 1.68 billion std cu ft/day and a total gas liquids capacity of 197,530 bbl/day, consisting of 101,310 bbl/day of propane, 54,970 bbl/day of butane, and 41,250 bbl/day of natural gasoline. In 1979, Kuwait produced 2,297,508 bbl/day of oil, but on 4/1/80, Kuwait restricted oil production to 1.5 million bbl/day, which will reduce the associated gas and limit the LPG plant to functioning at about half capacity. Kuwait uses approx. 90% of the associated gas it produces. The country is planning to refine at least 50% of its crude output by 1985. New or expanded plants will provide oil refining, sulfur recovery, lubricant oil blending, gasoline manufacturing, and bitumen capacities. Kuwait is also expending its tanker fleet.
- OSTI ID:
- 6368387
- Journal Information:
- Oil Gas J.; (United States), Journal Name: Oil Gas J.; (United States) Vol. 78:29; ISSN OIGJA
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
020400* -- Petroleum-- Processing
020500 -- Petroleum-- Products & By-Products
03 NATURAL GAS
030400 -- Natural Gas-- Products & By-Products
ALKANES
ASIA
ASSOCIATED GAS
BITUMENS
BUTANE
CAPACITY
CAPITALIZED COST
COST
DOCUMENT TYPES
ELEMENTS
ENERGY POLICY
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUELS
GASES
GASOLINE
GOVERNMENT POLICIES
HYDROCARBONS
INDUSTRIAL PLANTS
INDUSTRY
KUWAIT
LIQUEFIED GASES
LIQUEFIED PETROLEUM GASES
LIQUID FUELS
LIQUIDS
MIDDLE EAST
NATURAL GAS LIQUIDS
NONMETALS
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
PETROCHEMICALS
PETROLEUM
PETROLEUM INDUSTRY
PETROLEUM PRODUCTS
PETROLEUM REFINERIES
PRODUCTION
PROPANE
RECOVERY
REVIEWS
SHIPS
SULFUR
TANKER SHIPS
TAR