Kuwaiti SPC Continues to Stall 4th Refinery

A key technical committee has delayed a decision on reviving the US$15 billion, 615,000 bpd 4th Refinery Project in Kuwait. A local daily said in an unsourced report the technical committee of the Supreme Petroleum Council (SPC), the country's highest oil policy body, asked for an updated feasibility study of the project before it makes a decision. The SPC panel met on 7 March 2010. The refinery would provide fuel supplies, most of which are now imported, to domestic power plants. Tensions between parliament and the government has delayed a number of other energy projects in the world's fourth largest oil exporter. The refinery would eventually replace the older 200,000 bpd refinery at Shuaiba and produce lowـsulphur fuel oil.- AlWatan