Kuwaiti Oil Minister Sheikh Saud Nasser al-Sabah said on December 4th that Fluor Daniel and Korea’s Sunkyong are to rebuild the Mina al-Ahmadi refinery for an estimated initial cost of $298 million.
Sheikh Saud also indicated that Kuwait would upgrade the refinery, operated by state-owned Kuwait National Petroleum Corp. (KNPC), during the reconstruction. “I am not speaking about capacity but about technology used in the refining units,” he clarified.
Repairs could begin on the refinery, which has a capacity of 450,000 b/d, in two months, with the first unit coming on stream in 10 months and the full facility in 28 months.
The refinery, valued recently at $4 billion, was closed after an explosion on June 25th killed six people and caused extensive damage to the facility.
Mina al-Ahmadi is one of three domestic refineries with a combined nameplate capacity of 910,000 b/d. The Shuaiba refinery has a capacity of 195,000 b/d, while the Mina Abdullah refinery has a capacity of about 265,000 b/d.
One of the three crude distillation units (CDUs) at Mina al-Ahmadi was restarted in mid-October, at a rate of around 200,000 b/d. Kuwait had earlier estimated the cost of repairing the facility at $330 million.