Kuwait’s Crude Oil Output to Increase to 250,000 b/d

Kuwait’s Crude Oil Output to Increase to 250,000 b/d
KUWAIT – JANUARY 15: A derek pumps in a oil field January 15, 2003 near the Saudi Arabian border, Kuwait. Kuwait produces 10% of the worlds oil and has promised to increase production as needed in the event of a war in Iraq. (Photo by Joe Raedle/Getty Images)

Light crude production in Kuwait is expected to increase reaching 250,000 barrels per day (b/d) in the next three years, and 300,000 b/d by 2023, Ali Al-Kandari, Production and Projects Manager at Kuwait Oil Company, said on December 25.

Currently, crude oil output level is 180,000 b/d, while natural gas level is 0.5 billion cubic feet.

Dina Elbehiry 642 Posts

Graduated from Faculty of Economics and Political Science- Cairo University.
Having an Economic background and currently working for Egypt Oil & Gas.

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