- Head of research at state-owned oil company Kuwait Petroleum Corp., Abdulaziz Al Attar: Kuwait plans to almost double its oil output by 2020
Market news
11 May 2016
Head of research at state-owned oil company Kuwait Petroleum Corp., Abdulaziz Al Attar: Kuwait plans to almost double its oil output by 2020
Head of research at state-owned oil company Kuwait Petroleum Corp., Abdulaziz Al Attar, said on Tuesday that Kuwait planned to almost double its oil output by 2020 reaching 4 million a barrels a day. The country's oil production totalled 2.77 million barrels a day in March.
Al Attar noted that Kuwait planned to expand its domestic refining capacity to 1.4 million barrels a day and boost international cooperation.
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