Kuwait to host EU-GCC energy event in October
Gas production will rise to 510 million cubic feet
A two-day event on “Energy Efficiency: A Key Driver for Clean Energy Transition” will take place in Kuwait, on October 2-3 under the patronage of Minister of Oil and Minister of Electricity and Water Essam AlMarzouq. It is organized by the European Union and the Gulf Cooperation Council (EU-GCC) Clean Energy Technology Network in partnership with the Kuwait Society of Engineers and the Public Authority of Applied Education and Training, said the organizers in a press release.
The aim of the event is to foster partnerships by bringing together high-level stakeholders from the EU and the six-member GCC to discuss Energy Efficiency and Cooling Technologies suitable for the region, exchange best practices and lessons learned and to advance collaboration between EU and GCC actors.
The EU-GCC Clean Energy Network initiated its activities in 2010, as a response to the common EU-GCC interest for strategic clean energy cooperation. The Network aims to catalyse and coordinate cooperation on clean energy, including policy and technology aspects among stakeholders in the EU and GCC countries. In December 2015, the EU launched the second phase of the “EU-GCC Clean Energy Network II” project aiming at further developing the activities of the Network and at supporting its mid-term sustainability. The Network targets stakeholders from both the GCC and the EU, including energy authorities and policy makers.
In other news, Marzouq announced that Kuwait Petroleum Corporation (KPC) and its affiliates plan to ratchet up free gas production capacity to 510 million cubic feet and increase light oil output to 200 thousand barrels per day (bpd) by December.
Speaking to the press, Marzouq said that capacity would be enhanced through three production units to be configured soon, all of which will churn out 100 cubic feet of free gas and 40,000 bpd of light oil. Marzouq, who doubles as Minister of Electricity and Water, pointed out that Kuwait has collaborated with reputable gas exploration and production companies to help meet the country’s rising need of natural gas, as temperatures soar during the summer. He added that Kuwait, through cooperation with staunch ally Saudi Arabia, was “eager to develop its gas fields in order to boost production capacity.”—KUNA
Oil Minister Essam Al-Marzouq