Middle East Economic Survey


No 10



KGOC Targets Partitioned Zone Output Of 700,000 B/D In 2008

Kuwait Gulf Oil Company (KGOC), in consultation with Saudi Arabia, is targeting an increase of the shared production from the Partitioned (Neutral) Zone that would see Kuwaits half-share rising to 350,000 b/d in 2008 implying an increase of total output from the zone to 700,000 b/d up from the current 600,000 b/d. The plan was outlined by KGOC Chairman Abd al-Hadi al-Awwad...