{"id":96702,"date":"2026-06-09T00:00:00","date_gmt":"2026-06-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?p=96702"},"modified":"2026-06-09T05:39:55","modified_gmt":"2026-06-09T05:39:55","slug":"kuwait-adds-a-usd-992-mn-contract-to-its-crude-export-buffer","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2026\/06\/09\/kuwait-adds-a-usd-992-mn-contract-to-its-crude-export-buffer\/","title":{"rendered":"Kuwait adds a USD 992 mn contract to its crude export buffer"},"content":{"rendered":"

Kuwait wants more barrel space:<\/strong> Kuwait’s Central Agency for Public Tenders has approved<\/a> a USD 992 mn contract to India’s engineering contractor Larsen & Toubro (L&T) to build new crude storage facilities and upgrade the country’s existing oil export network. The award follows a revised tender recommendation that selected L&T as the lowest bidder — ahead of Petrofac’s<\/a> USD 1 bn (c. KWD 310.5 mn) offer.<\/p>\n

What is being built?<\/strong> The project includes<\/a> new storage facilities, upgrades to existing crude export infrastructure, and integration works that allow Kuwait to handle more than one crude stream across the export system.<\/p>\n

Why this matters:<\/strong> Kuwait remains one of the most vulnerable Gulf exporters<\/a> — especially during the Hormuz disruption — with roughly 1.9 mn bbl \/ d of crude and 860k bbl \/ d of refined products moving through the strait in 2025. The country’s main crude export outlet<\/a> is Mina Al Ahmadi, with export terminals at Mina Abdullah, Mina Shuaiba, and Mina Saud, leaving the system exposed to Gulf shipping disruptions.<\/p>\n

JPMorgan<\/strong> estimated<\/strong><\/a> the country had only around two weeks before storage constraints would face production cuts<\/strong>, while Kuwait Petroleum Corporation later declared force majeure and cut crude and refinery operations as exports backed up.<\/p>\n

Part of a wider rebuild:<\/strong> The L&T award also lands after Kuwait secured<\/a> around USD 1.5 bn in crude pipeline contracts earlier this year across South, East, North, and West Kuwait. Kuwait Petroleum Corporation has also been weighing a plan to lease 13 crude pipelines<\/a> for 25 years to raise USD 5-7 bn for its wider USD 65 bn investment plan.<\/p>\n","protected":false},"excerpt":{"rendered":"

Kuwait builds extra breathing room into its crude export system<\/p>\n","protected":false},"author":0,"featured_media":96703,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[136],"tags":[160,134,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-96702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-projects","tag-kuwait","tag-projects","tag-storage-warehouses","wpautop","entry"],"acf":{"full_issue_title":"Kuwait adds a USD 992 mn contract to its crude export buffer","teaser":"Kuwait builds extra breathing room into its crude export system","mongo_id":"08bc484bbbdf9c6b86235509","order":"5","related_issue":[96693],"story_type":"1"},"yoast_head":"\nKuwait adds a USD 992 mn contract to its crude export buffer - 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