Middle East Economic Survey


No 24



Kuwait Will Need Up To 5Bn CFD Of Gas By 2020

Kuwait will need up to 5bn cfd of gas in 2020, according to the Chairman of Kuwait Oil Company, Sami Al-Rushaid. Official news agency KUNA quoted him as saying that Kuwaits domestic production would only cover 40-50% of its needs. The biggest challenge facing the company is the increase in demand for energy, especially for power (generation), he said. Kuwait is hoping to obtain a further 1bn...