Kuwait has acknowledged defeat on its bid to increase production capacity to 4mn b/d by 2020. The cornerstone of this was Kuwait Oil Company’s 3.65mn b/d target, but in late-2018 this was pushed back to at least 2023. The next planned milestone is the mid-2019 start of the Lower Fars Phase One Heavy Oil development. A new team at the top will have to contend with an increasingly agitative parliament.
| Crude Output | 2.42 | mn b/d |
| Crude Exports | 1.87 | mn b/d |
| Refining capacity | 0.736 | mn b/d |
21 Mar, 2025
Featured
Kuwait has watched its neighbor’s renewables plans take shape while its own strategy has stalled. Now it hopes to bring in Chinese assistance to kickstart progress.
14 Mar, 2025
7 Feb, 2025
1 Nov, 2024
1 Nov, 2024
11 Oct, 2024
30 Aug, 2024
2 Aug, 2024
26 Jul, 2024
Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.
By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.