KNPC Plans Over KD 12b Major Projects Until 2022
Category: Information
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Kuwait National Petroleum Corporation’s total investment until the year 2022 amounts to KD 12.630 billion, deputy director of the company’s projects Abdullah Al-Ajmi said on Wednesday, adding the investments include various key projects. In a statement to the press on the sidelines of a seminar organized by an oil committee, Al-Ajmi said that the sum allocated for the company’s warehouses in the area of Al-Mutlaa ranges between KD 350 to 400 million.

Moreover, Al-Ajmi noted that KNPC’s planned Clean Fuel Project (CFP) is 53% completed as of last April and 55% finished by the end of the month, adding that the project’s completion is expected to be around 75% by the end of the year.

Meanwhile, Al-Ajmi revealed that a second reactor has been installed in Al-Ahmadi port, noting that a total of 11 tools have been purchased for the port, with two of them already installed, while the remaining ones would be configured shortly.

The deputy director of KNPC’s projects also noted that a pair of electrical grids, part of numerous planned projects, has been activated with the aim of augmenting the CFP project, adding that those grids would fuel the CFP project.

In a series of seminars put together by KNPC, Al-Ajmi disclosed some of the company’s strategies to boost reliance on renewable energy, with the aim of producing 1.4 million per barrel on a daily basis to cope with local and international energy needs.

Al-Ajmi also said that the goal for the CFP project is to provide local and international markets with oil products that meet adequate supply, while being in line with environmental standards. He also added that work is in progress to modernize and develop Al-Ahmadi and Abdullah ports, part of efforts to bolster economic growth in the country.

Next week’s World Health Assembly will provide a great platform for Kuwait to highlight regional health issues, which is one of the UN 2030 Agenda for Sustainable Development goals, Kuwait’s permanent delegate to the UN Ambassador Jamal Al-Ghunaim told KUNA, on Wednesday.

Kuwaiti Minister of Health Dr Saad Al-Obaidi will participate in the meeting that will take place in Geneva on May 23-28.. Al-Ghunaim said that Kuwait will focus on “ensuring healthy lives and promoting well-being for all at all ages” in the Middle East region and will discuss the negative impact of noncommunicable diseases such as obesity and diabetes.

Al-Ghunaim lauded efforts made by WHO Director-General Dr Margaret Chan in dealing with health emergencies in the region, especially health crises that face the Syrian refugees.

The Health Assembly is the supreme decision-making body of WHO. It is attended by delegations from all WHO Member States. Its main functions are to determine the policies of the Organization, supervise financial policies, and review and approve the proposed program budget.

 

SOURCE : ARABTIMES

19 May, 2016 0 585
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