Kuwait"s existing capacity is around 2.8m bpd. Kuwait has also commissioned a report from investment banks Morgan Stanley and Lazard as to the prospects of kick-starting the delayed Project Kuwait plan to boost output from its northern fields.
Kuwait could potentially boost its oil capacity to 4m bpd by 2012 after recent finds, eight years earlier than a previous target of 2010, Reuters reported quoting oil minister Sheikh Ali al-Jarrah al-Sabah.
News ID 104837
Your Comment