(EnergyAsia, December 19) — Kuwait has set aside US$44 billion to upgrade its oil industry and boost crude output to four million barrels per day (b/d) over the next 15 years, said energy ministry undersecretary Issa al-Oun. He said the big-ticket projects include a large refinery, petrochemical plants and upstream projects to develop some…
KUWAIT: Government announces plans to invest US$44 billion in oil sector over the next 15 years
Posted on December 19, 2005 by EnergyAsia