Issue 966 - 20 Mar 2014
On 4 March, Swiss-registered engineering firm Foster Wheeler announced that it had won the initial design contract for a new onshore liquefied natural gas (LNG) import and regasification terminal for the Kuwait National Petroleum Company (KNPC). The award, which follows feasibility studies for the new terminal, underlines Kuwait’s persistent failure to develop domestic resources, and seems to bury Kuwait’s hopes of securing a regional supply of gas to meet soaring demand.
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