Kuwait's Mega Al-Zour Refinery Fully Operating for First Time - Bloomberg
Kuwait’s Mega Al-Zour Refinery Fully Operating for First Time - Bloomberg
Kuwait’s Mega Al-Zour Refinery Fully Operating for First Time
The al-Zour oil and gas refinery.Source: -/AFP/Getty Images
Kuwait’s mega Al-Zour refinery is now fully operational, Kuwait Integrated Petroleum Industries Co. announced on Sunday.
Bringing online the third of the three mini refineries that make up Al-Zour will gradually take the facility’s refining capacity to 615,000 barrels a day from a current 410,000 barrels a day, KIPIC chief executive officer, Waleed Al-Bader, said in a statement.
Have a confidential tip for our reporters? Get in Touch
Before it’s here, it’s on the Bloomberg Terminal
LEARN MORE
Up Next
Kuwait’s Mega Al-Zour Refinery Fully Operating for First Time
Related Knowledge Center: ENERGY BASICS: petroleum
While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.