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...