150,000b/d Production Capacity Boost By 2015


News: Kuwait plans to raise its oil production capacity by 150,000 barrels per day (b/d) to 3.4mn b/d by mid-2015, reports Dawn.com, citing Kuwait Oil Company (KOC) CEO Hashim Hashim. Currently, the country's oil production capacity is 3.25mn b/d. Furthermore, KOC plans to add around 400,000-500,000b/d to production capacity by 2020.

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Related sectors of this article: Oil & Gas, Upstream, Production, Oil Market
Geography: Kuwait

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