A senior official in the Kuwait Petroleum Corporation (KPC) said that several factors have led to speeding up the construction of Kuwait's fourth oil refinery, including the construction of the Zor power generation station, due to be completed in 2007.
KPC's Managing Director for Finance and Planning, Suhail Bukreis, told KUNA, that another factor for building the refinery was the failure to reach agreements with Qatar and Iran to supply Kuwait with natural gas needed to operate the power station.
Bukreis noted that Kuwaiti oil officials were now seeking ways of providing enough gas to operate the new power station, which would be operational by 2007, bearing in mind that the new refinery will not be ready before 2010.
