Kuwait’s solar energy drive “moving fast": Global Platform interviews highlight latest developments in energy sector

Kuwait set to cement its position as a global player in the energy sector

In an interview with Global Platform, leading figures in Kuwait’s energy sector speak on how overhauling older refineries and building new ones will help the country consolidate its prominent role in the world energy sector. In addition, they describe how Kuwait is making strides towards expanding the importance of renewables in their energy mix. The Al Dibdibah Solar Park, for example, is set to be one of the largest in the world. Kuwaitisation requirements imposed across the board will lead to the training and employment of young Kuwaitis, helping the country to achieve its goal of sustainable leadership at a global level.

Transcript:

Our vision of the oil and gas sector in Kuwait is to be a world-class player toward integrated refining and petrochemical. We do this by optimizing the value of our hydrocarbons. Kuwait’s refineries are being updated and building up new units will help in reaching the capacity that we are aiming to produce in the future.

The global oil market has been fluctuating over the past few years with unpredictable trends of prices but it has not really affected the Kuwait oil sector per se in cutbacks and investments or in the capital projects. It broadens the ideas, and the expansions, and the visions of the oil sector into investing into other diversified options.

Kuwait’s solar energy drive “moving fast": Global Platform interviews highlight latest developments in energy sector

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