Mubasher: Kuwait Petroleum Corporation (KPC) has requested extending the contract of leasing the plant of steaming liquefied natural gas (LNG) with Golar LNG at a value of KWD 14.2 million ($46.9 million), informed sources said.
The new deal’s tenure will start from 2 March 2019, while it will end on 1 March 2020, the sources added.
In August 2013, the Kuwaiti state-owned firm signed a five-year agreement with Golar LNG at a value of KWD 212 million to establish a plant for LNG regasification.
