Kuwait Pushes Ahead with Durra Gas Field
Kuwait's oil minister announced a new strategy to boost fossil fuel production on Monday and said his country would prepare…
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Kuwait's oil minister announced a new strategy to boost fossil fuel production on Monday and said his country would prepare…
KPC subsidiary Kuwait Oil Company's CEO Ahmed Jaber Al-Eidan said on Monday Kuwait's production capacity was currently at 2.9 million bpd and would reach 3.2 million bpd by 2025 or 2026. Kuwait's crude production averaged about 2.55 million bpd in August, according to OPEC, of which Kuwait is a member.
Durra holds an estimated 20 trillion ft3 of proved reserves, but Iran claims an interest. [Image: Kuwait Oil]
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