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Kuwait Signs Deal with Greece s DESFA on Liquefied Gas

× A crane lifts the wreckage of a truck which was hit by the train a day after the deadly train derailment at a tunnel north of Hualien, Taiwan April 3, 2021. REUTERS/Ann Wang 1/4 People watch as they drive through Easter themed tents after receiving kits to host their own Covid-19 pandemic safe celebrations during a drive-in Easter Eggstravaganza for children in Los Angeles, California. (Photo by Patrick T. FALLON / AFP) 2/4 In this photograph taken on April 2, 2021 an owl is pictured at Yala National Park in the southern district of Yala, some 250 kms southwest of Colombo. (Photo by ISHARA S. KODIKARA / AFP)

Kuwait signs deal with Greece s DESFA for liquefied gas import terminal – report

Kuwait signs deal with Greece’s DESFA for liquefied gas import terminal – report Kuwait has signed a six-year, $106 million contract with Greek gas grid operator DESFA for the group to operate a liquefied natural gas import terminal in the Gulf emirate, the state-run news agency KUNA reported on Thursday. The LNG terminal, in the al-Zour area, will go into operation next year, the agency said, citing an official from state-owned Kuwait Integrated Petroleum Industries Company, which signed the deal. Source: Reuters (Reporting by Maher Chmaytelli; Editing by Jan Harvey) 2020-12-17

MEED | Greek company wins Kuwait gas contract

Korea Gas Corporation (South Korea) Osaka Gas Company (Japan) / Toyo Engineering (Japan) Enagas International (Spain) / Reganosa (Spain) Prior to the Covid-19 outbreak, acting CEO of Kipic, Hatem al-Awadhi, said he was expecting phase one of Kuwait’s LNG import and regasification terminal to come online on 10 September 2020. He said the second phase was due to be inaugurated on 12 February 2021. The project has seen some delays due to the Covid-19 pandemic and it is not known to what extent plans to bring the terminal online will be disrupted. Construction project The main contract for the LNG terminal was awarded in 2016 to a consortium of South Korea’s Hyundai Engineering Company, Hyundai Engineering & Construction Company and Korea Gas Corporation for $2.93bn.

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