EconomyLens.com
No Result
View All Result
Wednesday, January 28, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

New mega-refinery helps Kuwait to record capacity: minister

David Peterson by David Peterson
May 29, 2024
in Economy
Reading Time: 3 mins read
A A
3
37
SHARES
460
VIEWS
Share on FacebookShare on Twitter

Kuwait's emir, Sheikh Meshal al-Ahmed al-Sabah (C), formally opens Al-Zour oil refinery, one of the biggest in the Middle East. ©AFP

Kuwait City (AFP) – Kuwait said Wednesday its refining capacity had reached a record 1.8 million barrels per day as it inaugurated one of the region’s biggest refineries which started operating at full capacity in recent months.

Related

Greenland blues to Delhi red carpet: EU finds solace in India

US Fed set to pause rate cuts as it defies Trump pressure

Trump warns of ‘bad things’ if Republicans lose midterms

Trump’s Iowa trip on economy overshadowed by immigration row

Mexico exports jump in 2025 despite US trade tensions

Made up of three component units, the huge Al-Zour refinery is one of the biggest in the Middle East. It was officially inaugurated on Wednesday, months after its output reached full capacity of 615,000 bpd.

“We have succeeded in reaching an unprecedented refining capacity of 1.83 million bpd both domestically and abroad,” Oil Minister Emad Mohammed al-Atiqi said.

“The refining capacity of domestic refineries amounts to 1.415 million bpd,” more than double the 2021 capacity of 600,000 bpd, he added.

OPEC member Kuwait aims to reach a production capacity of 4 million bpd by 2035.

Kuwait operates three refineries at home and three abroad — in Oman, Vietnam and Italy.

The Al-Zour refinery lies 90 kilometres (55 miles) south of Kuwait City.

Kuwait awarded contracts to build the $13.2 billion refinery in 2015.

The COVID-19 pandemic triggered delays that led the scheduled 2019 start date for operations to be pushed back to 2022.

© 2024 AFP

Tags: kuwaitoil industryrefinery
Share15Tweet9Share3Pin3Send
Previous Post

Stocks fall as rate cut outlook dims; oil up on attack

Next Post

EU parliament offices raided in Russia meddling probe

David Peterson

David Peterson

Related Posts

Economy

Germany takes aim at ‘bureaucratic jungle’ with welfare reforms

January 27, 2026
Economy

Spain to regularise 500,000 undocumented migrants

January 27, 2026
Economy

Spain unemployment drops below 10% in first since 2008

January 27, 2026
Economy

Trump says hiking tariffs on South Korean goods to 25%

January 27, 2026
Economy

EU, India successfully conclude major trade deal: New Delhi

January 26, 2026
Economy

North Sea nations vow to boost wind power for energy independence

January 27, 2026
Next Post

EU parliament offices raided in Russia meddling probe

UK's Royal Mail buyout: Who is Czech billionaire Kretinsky?

Rich nations met $100 bn climate finance goal two years late: OECD

Stocks fall, dollar gains as rate cut outlook dims

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

81

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

SpaceX eyes IPO timed to planet alignment and Musk birthday: report

January 28, 2026

US Fed holds interest rates steady, defying Trump pressure

January 28, 2026

Amazon to cut 16,000 jobs worldwide

January 28, 2026

Rules-based trade with US is ‘over’: Canada central bank head

January 28, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.