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Kuwait's al-Zour Refinery Now Fully Operational, KIPIC Says

Kuwait's al-Zour Refinery Now Fully Operational, KIPIC Says
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Kuwait's al-Zour Refinery Now Fully Operational, KIPIC Says

Kuwait's al-Zour Refinery Now Fully Operational, KIPIC Says

Kuwait Integrated Petroleum Industries Company (KIPIC) said in a statement on Sunday that the third and final units at the al-Zour refinery are now operational.

The plant is now fully operational and refining capacity will increase to 615,000 barrels per day (bpd) from 410,000 bpd, the statement said.

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Riyadh Air Willing to Buy Boeing Planes from Cancelled Chinese Orders

Riyadh Air aircraft. (SPA)
Riyadh Air aircraft. (SPA)
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Riyadh Air Willing to Buy Boeing Planes from Cancelled Chinese Orders

Riyadh Air aircraft. (SPA)
Riyadh Air aircraft. (SPA)

Riyadh Air CEO Tony Douglas on Monday said that the Saudi startup carrier would be ready to buy Boeing aircraft destined for Chinese airlines if they are not delivered due to the escalating trade war between the United States and China.

Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to the United States in a delivery standoff that drew new criticism of Beijing from US President Donald Trump.

"What we've done... is made it quite clear to Boeing, should that ever happen, and the keyword there is should, we'll happily take them all," Douglas said in an interview with Reuters on the sidelines of the Arabian Travel Market conference.

Boeing took the rare step of publicly flagging the potential aircraft sale during an analyst call last week, saying that there would be no shortage of buyers in a tight jet market.