Kuwait receives first cargo at its new 11 Mt/year LNG import terminal
Kuwait Integrated Petroleum Industries Company (KIPIC), an affiliate of Kuwait Petroleum, has received its first LNG cargo at its new 11 Mt/year LNG Al-Zour LNG import terminal in Kuwait. The project, which should enter commercial operations in 2021, comprises eight storage tanks with a total capacity of 1.8 mcm, as well as marine facilities, and its regasification capacity is expected to be doubled to 22 Mt/year later.
A consortium led by Hyundai Engineering & Construction was awarded a US$2.9bn contract for construction of the plant, while Foster Wheeler won the FEED contract. The country commissioned the Mina Al-Ahmadi FSRU in 2009 (capacity of 7.8 bcm/year). Kuwait signed a 15-year agreement with Shell and Mitsui in 2020 to secure a total of 8 bcm/year of LNG until 2035, and another set of contracts with Qatar Petroleum and Qatargas running from 2022 to 2037 for 8 bcm/year.
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