The Ministry of Electricity, Water, and Renewable Energy of Kuwait, Kuwait Petroleum Corporation (KPC), and Kuwait Oil Company (KOC) have signed a Memorandum of Understanding (MoU) to develop a gas-fired CHP power plant with a total capacity of 1,200 MW to 1,500 MW at the Ratqa oil field in Kuwait. The project would optimise the use of national resources, improve the use of gas as fuel at the national level, and would enhance the country's power generation system. It is also expected to help reduce production costs by using the steam required for heavy oil production at the South Ratqa field, which would help ramp up oil production to around 120 kb/d.
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