Kuwait plans to increase daily gas production

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Mon, 2022-09-19 00:20

KUWAIT CITY: Kuwait Petroleum Corp.’s chief executive said on Sunday the Gulf state currently produces more than 2.8 million barrels per day of oil in accordance with its quota set by the Organization of the Petroleum Exporting Countries.

Sheikh Nawaf Saud Al-Sabah also said Kuwait has plans to increase crude oil production whenever the market needs it, but currently the customers of the state-owned corporation still demand the same volumes with no change. Kuwait produces 650 million cubic feet of gas per day, and plans to increase it to 1 billion, he added.

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Business & Economy

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