KUWAIT/NEUTRAL ZONE
Chevron Neutral Zone Delay Jeopardizes Kuwait 2020 Crude Target
By Nick Wilson
The final investment decision (FID) on Chevron’s $10-15bn, 500,000 b/d Wafra crude project in the Neutral Zone is delayed to 2016 – five years after the original scheduled date – with start-up now put at 2019.
Kuwait is relying on its 50% Neutral Zone output share to hit its 4mn b/d 2020 crude output target, which looks increasingly...
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