VOL. XLIV

No 32

6-August-2001

KUWAIT

KUFPEC Targets 100,000 BOE/D Production By 2010

The Kuwait Foreign PetroleumExploration Company (KUFPEC) a wholly-owned subsidiary of the state-ownedKuwait Petroleum Corporation (KPC) is aiming for a production target of100,000 boe/d by 2010, up from the 2000 figure of 29,461 boe/d, according tothe companys Annual Report for 2000.A target of 50,000 boe/d has been set for 2004. Output of 100,000 boe/d wouldbe supported by a reserve base of 410mn boe. Writing...