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Project Insights

Kuwait to mull options after onshore terminal delay

The delays leave the country with a potential supply shortfall, meaning it may try to further extend its FSRU contract or look to bridge the shortfall with domestic gas The delays leave the country with a potential supply shortfall, meaning it may try to further extend its FSRU contract or look to bridge the shortfall with domestic gas.
By Fatima Sadouki 15 March 2019 Middle East & Africa / LNG 0 34041
Kuwait's Mina Al-Ahmadi gas port. (KPC)

Delays to Kuwait's onshore LNG terminal are leaving the Gulf country with a potential supply shortfall. As a result, it may attempt to further extend its FSRU contract with Golar LNG or look to bridge the shortfall with Jurassic gas production.

Golar said last week that Kuwait National Petroleum Co. (KNPC), a subsidiary of Kuwait Petroleum Corp. (KPC), had exercised its option to extend the charter for the Golar Igloo until the end of 2019. The contract was signed in August 2013 and was...