Kuwait Integrated Petroleum Industries Company (KIPIC) awarded the contract related to Operation and Maintenance services for Al Zour LNGI (Liquefied Natural Gas Import) Terminal.
The Project has been awarded to Greece based Oil and Gas firm, Hellenic Gas Transmission System Operator SA (DESFA SA)
The value of the contract is KWD 32,526,070 (USD 106,518,016).
The LNG import facility will be located in the southern part of Kuwait, at Al-Zour, approximately 90 kilometres south of Kuwait City and 78 kilometres south east of Kuwait International Airport, adjacent to the Al-Zour North Power Plant.
The LNGI Terminal is one of the largest LNG storage and regasification stations in the world, with eight liquefied gas storage tanks, having capacity of 225.000m3 each.
According to KIPIC, the purpose of the project is to serve the industrial consumers of natural gas, but also to meet the growing needs of the country for a cleaner fuel for the production of electric power.
The duration of the contract is five years.
Read Also: Technip submits the lowest bid of $222.8 million for Al-Zour Refinery Consultancy Services
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