Kuwait plans to increase the natural gas production capacity to reach 3.5 billion cubic feet per day (bcf/d) by 2031-2032, Hashim Hashim, the CEO of Kuwait Petroleum Corporation (KPC) said, Gulf News Business reported citing Reuters.
The country’s current production level of natural gas has reached 1.9 bcf/d.
The production capacity is expected to reach 3 bcf/d after Kuwait’s Jurassic gas fields start fully operating by 2023-2024, Hashim told an industry event in Kuwait City.
“Liquefied natural gas (LNG) import will predominantly be the major source of fuel in Kuwait where Kuwait’s giant LNG terminal project is coming in the year of 2022 at Al Zour,” Hashim said.
The $2.9 billion project will have a net production capacity of around 225,000 cubic meters, he added.