2014-01-24 02:05:19 - Fast Market Research recommends "Kuwait Oil & Gas Report Q1 2014" from Business Monitor International, now available
Despite abundant below ground potential, Kuwait looks set to continue underperforming as its business environment outweighs the lure of its remaining below ground resources. We expect Kuwait to miss its 4mn b/d by 2020 target on the back of numerous delays to upstream projects. Setbacks are also leading to delays to a planned - and sorely needed expansion of gas capacity, as well as to major downstream projects. While we expect downstream projects to eventually advance, we believe liquids supplies will disappoint as gas supply tightens, leading to an increasing reliance on imports.
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