Kuwait plans to start building the world’s largest petroleum research centre by the end of the year, the oil ministry said on Twitter on Wednesday. The Middle East Economic Digest said the project had stalled because of budget pressure, estimating its cost at $120 million.
The research centre will have 28 laboratories and built in al-Ahmadi, south of Kuwait City. The project will seek to develop improved production and refining techniques which can be used by the industry for different applications (include: extraction of heavy crude and non-associated gas). Kuwait is a country which is highly-dependent on oil revenue.