ArabianBusiness.com - Middle East Business News
Tuesday, 24 November 2009 10:16 UAE time

YOUR DIRECTORY /

| Share |

Kuwait expects to start LNG imports by end Aug

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 26 August 2009
(Getty Images)

Kuwait expects to start imports of liquefied natural gas (LNG) by the end of August, a senior oil official said on Wednesday.

The terminal, which was expected to receive an LNG cargo from Shell, is undergoing the commissioning stage, Assad al-Saad, deputy chairman of state refiner Kuwait National Petroleum Co (KNPC) said.

"We are still in the commissioning stage and when we finish we will start the (off)loading," he said. "During commissioning there is loading but at a lower... rate. It's still a trial."

One of the first liquefied natural gas tankers expected to offload at Kuwait's newly completed Mina Al-Ahmadi terminal has been diverted to India, according to AISLive ship tracker on Reuters.

Story continues below
advertisement

Last month, state run Kuwait Petroleum Corp signed a deal with Royal Dutch Shell to import LNG needed from power generation starting this summer.

Kuwait, the world's fourth-largest oil exporter, has failed to keep up with rapidly growing domestic demand for gas for power plants.

It has built import facilities to receive gas during summer months, when power demand peaks with the need for air conditioning to temper soaring desert temperatures.  (Reuters)

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

 EMAIL ALERTS

  1. Ministry of Energy - Kuwait

  2. Energy


Tell us your story

READER COMMENTS

  1. Why I h8 junk txts 09
    24 Nov ' 09 at 08:51
    It seems that not only are the duopoly bad at sending spam, but even worse are the estate agents who attack our e mail boxes non stop...   More  »
  2. Dubai developers see negative press reports decline 09
    24 Nov ' 09 at 07:48
    How much can one read/write abt one particular event. That’s the only reason the negative writing has gone down no one is interested...   More  »
  3. 'Worrying' diabetes tests raise doubt on UAE's health 04
    24 Nov ' 09 at 08:52
    It is high time for us to buy the shares in the Pharmaceutical Cos. which are manufacturing drugs for diabetic.It is not the education...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM