Kuwait To Boost Northern Production

Hosnia Hashim, an executive in charge of North Kuwait for state owned Kuwait Oil Company (KOC), told Al Seyassah newspaper that the northern fields currently produce around 650,000 barrel of oil and 500 million cubic feet of gas per day.


She pointed out that Kuwait’s goal is to increase the northern fields’ oil output to one million barrels per day (bpd) by 2015.


She added that KOC is working on a new project in the north that will boost up the production capacity 500,000 bpd from offshore fields and 400.000 bpd from onshore by 2014 – 2015.


She only said it will be through using water injection technology, but did not mention any other details on the current output from both districts.


The OPEC member is considered the fourth largest oil producer, and planning to raise its output to four million bpd by 2020.

Kuwait produces 2.28 million bpd at this time, according to the latest survey.


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