VOL. XLVII

No 01

5-January-2004

KUWAIT

KUFPEC Output One Third Of 2010 Target Of 100,000 BOE/D

The Kuwait Foreign Petroleum Exploration Company (KUFPEC) a wholly-owned subsidiary of the state-owned Kuwait Petroleum Corporation (KPC) produced 33,155 boe/d in 2002, up slightly on output for the previous year (32,179 boe/d), according to the companys Annual Report for 2002. This means that the company has passed the one-third mark in its goal of reaching 100,000 boe/d in 2010 (MEES, 18 February...