Tag Archives: gas

‘Financial contracts for import of liquefied gas not signed’

KUWAIT CITY, June 3: Local financial contracts for the project related to import of liquefied gas affiliated to Kuwait Integrated Petroleum Industries Company (KIPIC) in Al- Zour area have not been signed due to delay in granting approvals by the Central Bank of Kuwait to some local banks that are …

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Kuwait’s ‘strategic reserve’ of liquefied gas enough for 2 weeks

KUWAIT CITY, Jan 29: The country’s strategic reserve of liquefied gas is enough for two weeks as per the capacity of eight reservoirs in Al-Zour and the liquefied petroleum gas process continues as planned, reports Al-Rai daily quoting sources. Sources revealed the lowest return based on the projects of Kuwait …

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Kuwait faces difficulties as Iraq rejects gas prices

Difference in gas prices, MoU to be discussed KUWAIT CITY, Jan 15: The agreement to supply Kuwait with Iraqi gas is facing difficulties after Iraq rejected the price offered by Kuwait for its gas which took into consideration the compensation owed to it due to the invasion, reports Aljarida daily …

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Shell gas supply deal with Kuwait

Deal raises many questions concerning free gas discovered in 2005 Independent Oil Analyst Last week, Shell announced that it has reached a long-term agreement with Kuwait Petroleum Corporation (KPC) for the supply of Liquefied Natural Gas (LNG) for 15 years starting from 2018. As per the agreement , Shell will …

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‘Shell Company to supply Kuwait with LNG for 15 years starting ’20’

PAI to probe, review salaries of its senior officials KUWAIT CITY, Dec 26: Deputy Director of International Marketing Department at Kuwait National Petroleum Corporation (KNPC) Sheikh Khalid Al-Sabah disclosed that KNPC has signed an agreement with Shell Company for supplying Kuwait with liquefied natural gas (LNG) for 15 years starting …

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The impact of existing oil, gas investments in Norway

KUWAIT CITY, Nov 23: Last week Norway’s sovereign wealth funds unveiled its plans to sell all its investments in oil and gas, which represent about 6 percent of its wealth portfolio of $1 trillion, the largest of all global funds. This is upon the recommendation of the state’s Norwegian oil …

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‘KOTC planning comprehensive upgrade of home gas cylinders’ – Bid to ensure utmost safety

KUWAIT CITY, Sept 28: Kuwait Oil Tankers Company (KOTC) is planning to execute a comprehensive upgrade of home gas cylinders with the aim of ensuring utmost safety, reports Al-Anba daily quoting informed sources. They explained that KOTC intends to replace the gas cylinders in the branches of the company in …

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88 people hospitalized after gas leak in Sharjah – Five out of 26 admitted in Kuwaiti hospital

KUWAIT CITY, April 1: Several workers from India, Pakistan and Nepal aged between 24 and 38 years were exposed to caustic chlorine gas cylinder fumes on Thursday and Friday in Sharjah Industrial Area and referred to various hospitals, reports Gulf News. Police sources said authorities are looking for a man …

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Guidelines on shifting LPG – ‘Violators face law’

KUWAIT CITY, Aug 1: Director of Prevention at Hawalli Fire Department Brigadier Khaled Fahd disclosed that Kuwait Fire Service Directorate (KFSD) has issued specifications for vehicles used in transporting Liquefied Petroleum Gas (LPG), as directed by acting Director General of Fire Services Major General Khaled Al-Mekrad. He stressed the directorate …

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‘Kuwait negotiating with Iran for natural gas buy’

KUWAIT CITY, Nov 9: According to Tehran Times newspaper, Kuwait is negotiating with Iran for the purchase of natural gas for operating power stations, reports Al-Anba daily quoting Director General of Iran Natural Gas Export Company Ali Redha Kamili. He explained that Iran is considering exporting natural gas to Kuwait …

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