LOC15:22
12:22 GMT
Deputy CEO for Support Services of (KNPC) Khaled Al-Asousi
KUWAIT, April 14 (KUNA) -- The Kuwait National Petroleum Company (KNPC) is pondering a host of choices on Al-Zour Refinery, including an additional budget, Deputy CEO for Support Services Khaled Al-Asousi has said.
Al-Asousi, also KNPC spokesman, made the statement on the sidelines of a ceremony held to announce the company's 2015 drawing and photography awards, held at the Kuwait Arts Association Monday evening.
The company is dropping applications for the fourth tender of the five-phase project, which were too high, Al-Asousi added, noting that seeking an additional budget is possible for the first, second, third and fifth phases.
"The company has several choices," he stressed.
The main cause for seeking an additional budget is the rise in costs in the course of time, he said. Thus, tender offers exceeded the budget approved years before.
On the Fourth Gas Plant Train at Mina Al-Ahmadi Refinery, the KNPC official said that it is still in experimental operation and has not yet reached its targeted production capacity.
Referring to the KNPC art and photography awards, he said that they part of the company's social responsibility activities, supporting talents and creativity. He thanked the Kuwait Arts Association for its leading role in that respect. (end)
osj.hb.msa