ENERGY

Kuwait's Shuaiba oil refinery likely to restart 'within days'

OPEC member Kuwait has three refineries, including Shuaiba, with a combined capacity of 930,000 bpd (Reuters)

Kuwait's Shuaiba oil refinery is expected to restart operations "within days", a senior official at state refiner Kuwait National Petroleum Company (KNPC) said on Tuesday, after a fire at a heavy oil unit forced a total shutdown.

Ahmed al-Jemaz, acting Chief Executive of KNPC, said the refinery's closure on Monday would not impact exports of refined products due to existing stocks.

"We have a big storage... any reduction in production will be compensated for from the storage and the other refineries," Jemaz told Reuters by telephone from Kuwait.

"Even during the (fire) accident, exports' operations were not affected," he said.

The fire at the heavy oil cracking unit at Kuwait's 200,000 barrel-per-day Shuaiba refinery had been brought under control on Monday afternoon. There were no casualties reported.

OPEC member Kuwait has three refineries, including Shuaiba, with a combined capacity of 930,000 bpd.

SHOW MORE
Last Update: Tuesday, 18 August 2015 KSA 12:52 - GMT 09:52
Top
BREAKING NEWS

Send to a friend

Close
Kuwait's Shuaiba oil refinery likely to restart 'within days'
The fire at the heavy oil cracking unit had been brought under control
Friend's name:
Friend's Email:
Sender's name:
Sender's Email:
Captcha Code
How are we doing?
X

How are we doing?

Name Name *
Email Email *
Country Country
Message Message *
Maximum 550 words allowed