Kuwaiti Government to Sign Acid Gas Removal Contract With Maire Tecnimont
Stock Chart for Maire Tecnimont SpA (MT)
Kuwait National Petroleum Co. plans to sign a 116 million-dinar ($403 million) contract next month with Italy’s Maire Tecnimont SpA for an acid gas removal project in the Mina Al-Ahmadi refinery.
“Hopefully, in the first week of September,” the contract will be signed, Mohammed al-Ajmi, a spokesman for the Kuwaiti state-run refiner, said by telephone today. “There’s some paperwork still to be done.”
Mina Al-Ahmadi is the biggest of Kuwait’s three refineries and has a capacity of 460,000 barrels a day.
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