Middle East Economic Survey


No 5



Kuwait Confident Of Reserves Capability To Reach 4Mn B/D Oil Output By 2020, 5Mn B/D With IOC HelpKuwait has rebuffed a report that its crude oil reserve base is about half the published figure, and says its reserves potential is sufficient to meet and exceed planned capacity expansion.

Kuwait is confident of its oil reserves capability to meet its long-stated production capacity target of 4mn b/d by 2020 and could raise this to 5mn...