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Kuwait’s growing need for LNG imports

Kuwait will import up to 42% more liquefied natural gas (LNG) this year as it extends its buying period by a month into November

Kwok W Wan, LONDONThe country expects to import 43-47 cargoes this year, compared with 33 in 2010 and 11 in 2009, says state-owned Kuwait Petroleum (KPC). Kuwait began importing LNG in 2009 on a seasonal basis – from May to October – to meet growing electricity demand for cooling during the summer and to reduce crude oil burn in its power stations (PE 8/10 p20). LNG imports were to be a temporary solution until 2013 while domestic gas resources were developed, but KPC is now considering a permanent import facility to meet soaring demand. The country uses Excelerate tankers as a floating import terminal, with the Exquisite vessel berthed offshore Kuwait since March according to AIS Live ship

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