edible oil refining throughput capacity country in kuwait

   
edible oil refining throughput capacity country in kuwait
                                               
                                               
                                               
                                               
  • edible oil refining throughput capacity country in kuwait
Why is Kuwait expanding its refining capacity?

This latest addition is pivotal in increasing the refinery¡¯s daily processing capacity from its current level of 410,000 barrels to an impressive 615,000 barrels. This marks a significant enhancement in Kuwait¡¯s refining capacity, showcasing the nation¡¯s commitment to strengthening its role in the global energy market .

How much oil does Kuwait use?

Kuwait¡¯s oil consumption reached 365,000 b/d in 2022, up from nearly 290,000 in 2020 (Figure 4).24 Kuwait uses a significant amount of fuel oil in its electric power sector, although the higher supply of natural gas over the past decade has replaced some of the fuel oil and direct crude oil burn for electricity generation.25

How much does Kuwait's Oil project cost?

The project was part of Kuwait's goal to achieve refining capacity of 1.6 million bpd in 2025, KUNA added. The capital cost of the project has reached 4.680 billion dinar ($15.56 billion), KUNA reported, calling it one of the biggest and most important development projects in the history of Kuwait's oil sector. ($1 = 0.3007 Kuwaiti dinars)

Why did Kuwait invest in a new refining plant?

It added they would produce products that meet global environmental standards Euro-4 and Euro-5 for reducing emissions and pollutants. The project was part of Kuwait's goal to achieve refining capacity of 1.6 million bpd in 2025, KUNA added.