Maximize the exploration, development and
production of non-associated natural gas.
Adopt a zero flaring policy for both onshore
and offshore operations, targeting 1% gas.
Domestic Downstream
Expand refining capacity in Kuwait to 1.0
MMBPD with deep conversion by 2010.
Study expansion of refining capacity in
Kuwait up to 1.5 MMBPD by 2010. This study
should take into account the following :
Meeting future MEW fuel requirements, in
case the negotiations of gas imports from
neighbouring countries have failed.
Providing strategic back-up for gas imports
through building additional deep conversion
refining capacity, in case the negotiations
of gas imports from neighbouring countries
have succeeded.
Disposal of heavy fuel resulting from
refining operations using the latest
available technologies, such as IGCC and
others.
Processing Kuwaiti heavy crudes through
refinery expansion.
Assessing petroleum products supply/demand
in international markets, especially in
KPC’s targeted market.
Operate domestic refineries in an effective
and flexible manner that is inline with
changes in international oil markets and
achieve maximum added value. This will
involve adjusting utilization of the
refineries according to market conditions
and changing product slates to maximize
value.
Meet international markets demand of
petroleum products and upgrade petroleum
products quality to meet the future required
product specifications.
Develop and upgrade petroleum product export
facilities inline with the target refining
capacity.
Evaluate potential expansion into the lube
base oil business.
Maximize integration between the refineries
and petrochemical activities by using
refinery outputs as feedstock for
petrochemical projects and using
petrochemical return streams in the refining
operations.
