four million b/d by 2020.The kingdom’s divided parliament has been blamed for stalling plans for “Project Kuwait” aimed at expanding its crude output from the current level of 2.8 million b/d.Even if the project was cleared today, analysts said Kuwait is unlikely to meet its 2020 target.Politicians have demanded that any production increase be tied…
KUWAIT: Targeted 4 million b/d oil output may not be achievable
Posted on October 22, 2007 by EnergyAsia