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Kuwait inks $514 mln refinery upgrade (Sulfur) with S.Korea’s Daelim

Home Forums Sulfur News Kuwait inks $514 mln refinery upgrade (Sulfur) with S.Korea’s Daelim

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    basil parmesan
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    Kuwait inks $514 mln refinery upgrade deal with S.Korea’s Daelim
    KUWAIT, May 28, 2013 (Reuters) – Kuwait’s state-run oil group
    signed a 147 million dinar ($514 million) contract with South
    Korea’s Daelim Industrial Co. to build and upgrade
    facilities at an oil refinery in the Gulf Arab state, state news
    agency KUNA said on Tuesday.
    The work will focus on facilities for handling sulphur at
    the Mina Ahmadi refinery, KUNA said, citing a spokesman for
    Kuwait National Petroleum Company (KNPC).
    The work is due to be completed within three years at the
    refinery, one of three in major oil producer Kuwait, KUNA said.
    ($1 = 0.2861 Kuwaiti dinars)
    (Reporting by Sylvia Westall; editing by Sami Aboudi and James
     
     

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