GCCIA CEO: Wafrah Station is Hub of Electrical Connectivity with Neighboring Countries

Gulf Electrical Interconnection Project model (KUNA)
Gulf Electrical Interconnection Project model (KUNA)
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GCCIA CEO: Wafrah Station is Hub of Electrical Connectivity with Neighboring Countries

Gulf Electrical Interconnection Project model (KUNA)
Gulf Electrical Interconnection Project model (KUNA)

Kuwait's al-Wafrah station is the hub for connecting neighboring countries with the future expansion of the interconnection network, said the CEO of GCC Interconnection Authority (GCCIA), Ahmed al-Ebrahim.

Ebrahim said that the Authority, in cooperation with specialists from the Kuwaiti Ministry of Electricity and Renewable Energy, has conducted technical and economic studies to harness the full potential of grid interconnectivity.

He added that the technical studies confirmed the need to build a new station compatible with the technical specifications of the stations of the Kuwait network at a voltage of 400 kilovolts.

The official noted that the economic goals of establishing the Wafrah station include saving installed capacity, especially with the increased summer electrical loads, and boosting interconnection to pass a larger capacity in support of emergencies to member states.

It also provides more significant opportunities for energy exchange by increasing the electrical interconnection capacity to achieve economical operation, increase the network's security and stability, and enable the integration of renewable energy and maximum utilization.

The CEO explained that the project consists of constructing a 400 kV substation in al-Wafra and constructing double-circuit overhead lines to connect the station with the al-Fadhili station in Saudi Arabia, with a length of approximately 300 km.

The project includes expanding the Fadhili station by adding electrical circuit breakers with a voltage of 400 kV to connect with the Wafra station. It also includes 400KV antennas to 3Z and 4Z stations to link with Kuwait Network.

Ebrahim noted that the project will take 24 months and will be completed at the end of December 2024.

The Authority was established based on the Unified Economic Agreement between the Gulf states, which was approved by the leaders in their second session in 1981, to link the networks of the GCC states, said Ebrahim.

He indicated that the Gulf Interconnection Project is an essential infrastructure linking project, achieving its most important strategic goals in enhancing energy security and raising Gulf electric systems' reliability and safety.

The Interconnection Project was implemented in three phases and consisted of the following principal elements: the interconnection of the Northern Systems in Kuwait, Saudi Arabia, Bahrain, and Qatar, completed in early 2009.

The second phase comprised the internal interconnection of the Southern Systems, including UAE and Oman, to form the UAE National Grid and the Oman Northern Grid, and the last phase, in 2010, interconnected the Northern and Southern Systems.

The Authority's CEO explained that the interconnection objectives include enhancing the security of electric power and achieving economic savings resulting from the possibility of each country benefiting from the reserves of other GCC countries to help reduce their stockpiles.

The benefits also extend to saving the cost of building new power stations, thus reducing operating and maintenance expenses, reducing carbon emissions, and activating and developing electric energy trading markets.



King Salman International Airport Kicks of Construction of 3rd Runway to Boost Operational Efficiency

 The airport will incorporate the King Khalid terminals - SPA
The airport will incorporate the King Khalid terminals - SPA
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King Salman International Airport Kicks of Construction of 3rd Runway to Boost Operational Efficiency

 The airport will incorporate the King Khalid terminals - SPA
The airport will incorporate the King Khalid terminals - SPA

King Salman International Airport (KSIA), a PIF company, has commenced construction works on the third runway, marking a strategic step that reflects continued progress in airfield development and enhances the airport’s operational readiness to support long-term growth in air traffic demand.

The third runway forms a key component of the KSIA Master Plan and represents a major milestone in the airport’s expansion journey.
According to a press release issued by the KSIA, the project is being delivered in collaboration with FCC Construcción SA and Al-Mabani General Contractors Company and has been designed in alignment with Riyadh’s prevailing wind patterns to ensure safe and efficient aircraft operations under all operating conditions, SPA reported.

The current operational capacity stands at 65 aircraft movements per hour. With the implementation of operational enhancements and the introduction of the third runway, capacity is expected to increase to 85 aircraft movements per hour, contributing to improved operational efficiency and supporting long-term growth.

The third runway incorporates multiple access taxiways to ensure smooth aircraft flow and will span 4,200 meters in length.

Acting CEO of KSIA Marco Mejia said: “Launching construction of the third runway marks a pivotal step in delivering the KSIA Master Plan and reflects our commitment to developing world-class infrastructure capable of supporting future growth, enhancing operational efficiency, and expanding long-haul connectivity without constraints.”

King Salman International Airport is a strategic and transformative national project that reflects the Kingdom’s ambition to position Riyadh as a global capital and a leading aviation hub. The project was announced by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister, Chairman of the Council of Economic and Development Affairs and Chairman of the Board of Directors of King Salman International Airport, underscoring its national significance and its role in advancing the objectives of Saudi Vision 2030.

Located on the existing site of King Khalid International Airport in Riyadh, the airport will incorporate the King Khalid terminals, in addition to three new terminals, residential and leisure assets, six runways, and logistics facilities. Spanning 57 square kilometers, it is designed to accommodate 100 million passengers annually and handle over two million tons of cargo by 2030.

This phase of construction contributes to strengthening King Salman International Airport’s international flight network across multiple global destinations, reinforcing Riyadh’s position as an internationally connected aviation gateway and supporting national development objectives within the air transport sector.


Mawani, Arabian Chemical Terminals Sign Land Lease for Jubail Port Storage Tanks

Mawani, Arabian Chemical Terminals Sign Land Lease for Jubail Port Storage Tanks
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Mawani, Arabian Chemical Terminals Sign Land Lease for Jubail Port Storage Tanks

Mawani, Arabian Chemical Terminals Sign Land Lease for Jubail Port Storage Tanks

The Saudi Ports Authority (Mawani) signed a contract with Arabian Chemical Terminals Ltd. to establish storage tanks for chemical and petrochemical materials at Jubail Commercial Port, with an investment exceeding SAR500 million on an area of 49,000 square meters.

The project will contribute to enhancing operational efficiency and increasing handling capacity in line with the objectives of the National Transport and Logistics Strategy to consolidate the Kingdom’s position as a global logistics hub, SPA reported.

This step is part of Mawani’s efforts to strengthen the role of the private sector in supporting the gross domestic product and to reinforce the position of Jubail Commercial Port as a driver of commercial activity. The project’s storage capacity will reach 70,000 cubic tons, boosting the competitiveness of the Kingdom’s ports at both regional and international levels.

The project aims to develop and expand storage capacity and the export of chemical and petrochemical materials in accordance with the highest international standards while supporting supply chains. It includes the establishment and development of specialized facilities for storing and exporting chemical and petrochemical products, as well as the provision of storage and distribution services for local and international import and export of chemicals in line with global quality and safety standards.

The project will contribute to supporting national supply chains, boosting the Kingdom’s chemical logistics capabilities, and raising operational efficiency and capacity, thereby improving customer competitiveness. It also supports the achievement of Saudi Vision 2030 objectives by promoting the development of infrastructure to advance the energy, industry, and supply chain sectors in the Kingdom.


Oil Prices Stable as Investors Seek Clarity on Russia-Ukraine Talks

A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel
A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel
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Oil Prices Stable as Investors Seek Clarity on Russia-Ukraine Talks

A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel
A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel

Oil prices were little changed on Tuesday as investors took stock of ​dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen, Reuters reported.

Brent crude futures for February delivery, which expire on Tuesday, were up 15 cents at $62.09 a barrel as of 0918 GMT. The more active March contract was at $61.61, up 12 cents.

US West Texas Intermediate ‌crude gained 14 ‌cents to $58.22.

The Brent and ‌WTI ⁠benchmarks ​settled ‌more than 2% higher in the previous session as Saudi Arabia launched airstrikes against Yemen and after Moscow accused Kyiv of targeting Putin's residence, denting hopes of a peace deal.

Kyiv dismissed Moscow's accusation as baseless and designed to undermine peace negotiations. After a phone call ⁠with Putin, US President Donald Trump said he was angered by details ‌of the alleged attack.

"I think the ‍markets are sensing that ‍a deal is going to be very hard ‍to come by," said Marex analyst Ed Meir.

Traders also watched other Middle East developments after Trump said the United States could support another major strike on Iran were Tehran to resume rebuilding its ballistic missile or nuclear weapons programs.

Despite renewed fears of potential supply disruptions, perceptions of an oversupplied global market remain and could cap prices, analysts say.

Marex's Meir said prices would trend downwards in the first quarter of 2026 due to ‌a "growing oil glut".