Kuwait Oil Co (KOC) plans for capacity at North Kuwait’s Bahra oil field to hit 110,000 b/d by the end of this month. Local daily al-Anbaa said on 1 March that capacity currently stands at 80,000 b/d, double the previous 40,000 b/d, and would hit 110,000 b/d capacity by the end of the current 2023-24 financial year on 31 March.
However, current output is much more modest at 45,000 b/d, perhaps due to Opec+ output constraints (see p10). (CONTINUED - 192 WORDS)