Free Submission Public Relations &
Deutsch English

Kuwait Oil and Gas Report Q1 2014

Kuwait oil production rose to 2.79mm barrels per day in 2012

Print article Print article
2014-01-09 07:21:03 - Kuwait Oil and Gas Report Q1 2014 - a new market research report on

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.

In 2012 Kuwait oil production rose to some 2.79mn barrels per day (b/d), as Kuwait took advantage of high global prices and reduced availability of Iranian crude due



to international sanctions. From January to October to 2013, crude production averaged 2.8mn b/d according to the IEA. According to the most recent available data at the time of writing, sustainable production capacity was at 2.9mn b/d. We expect output to largely remain around this level, with production expected to average around 2.87mn b/d including condensate and natural gas liquids (NGLs) for 2013.

Click for report details: ..

Browse all Energy and Utilities Market Research Reports ..

Browse all Energy and Utilities Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Mike King
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News


Terms & Conditions | Privacy | About us | Contact