Kuwait Times, Wednesday, Jan 12, 2022 | Jamada Al-Aakhirah 9, 1443
KGOC sings MoU with Saudi Arabian Chevron to export excess gas
Kuwait:
Kuwait Gulf
Oil Company (KGOC) and Saudi Arabian Chevron signed yesterday a memorandum of
understanding to export spare gas from joint Wafra operations.
In a statement, Acting CEO
Mohammad Al-Haimer said in a statement that KGOC started early yesterday to
export around 12 million cubic feet of excess gas, expecting to increase
exporting in the upcoming months to reach between 40-50 million cubic feet of
gas.
The memorandum is
considered a huge achievement that will benefit both economic and environmental
sectors, according to Kuwait’s environmental regulations, Haimer added.
He also affirmed that it
also envisages developing the long and short operating plans to deliver the
surplus gas from joint Wafra operations zone Kuwait Oil Company’s refineries,
pending treatment in line with the gas burning regulations set by the
Environment Public Authority (EPA).
Haimer expressed gratitude
to EPA Chairman Sheikh Abdullah Al-Ahmad Al-Humoud Al-Sabah his supporting the
KGOC.