Middle East Economic Survey

VOL. XLVIII

No 52

26-December-2005

KUWAIT

$44Bn Required For Energy Sector Investment Up To 2020

A total of $44bn will be required for investment in Kuwait’s energy sector between now and 2020, a period that will see the country’s oil output capacity rise from 2.7mn b/d to 4mn b/d, Energy Ministry Undersecretary 'Isa al-'Aun said on 8 December. The output expansion program costs will include $8.5bn for Project Kuwait – the planned...