VOL. XLV

No 7

18-February-2002

KUWAIT

KUFPEC Holds To 100,000 BOE/D In2010 Target Despite Global Economic Slowdown

The Kuwait Foreign PetroleumExploration Company (KUFPEC) a wholly-owned subsidiary of the state-ownedKuwait Petroleum Corporation (KPC) is sticking to its target of 100,000 boe/dby 2010(supported by a reserve base of410mn boe), despite the global economic slowdown after the 11 September attacksin the US, the companys Chairman and Managing Director, Bader al-Khashti, toldMEES on 4...