Sinopec burnishes brand in Kuwait
China Daily | Updated: 2019-04-29 07:26
KUWAIT CITY - In the southern desert of Kuwait, the Kuwait New Refinery Project, launched with the help of China Petrochemical Corporation or Sinopec, is under construction with an aim to increase oil processing capacity of the Arab country.
Sinopec Fifth Construction Company is the NRP's subcontractor. Once put into operation, the project will increase Kuwait's oil processing capacity by 31.5 million tons of crude oil per year.
According to the contract, the Chinese company is responsible for installation of six sets of oil-refining equipment for the NRP with contract value of $519 million.
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