• HSBC

Kuwait to tap northern field

  • Kuwait: Saturday, December 08 - 2007 at 08:20

The Kuwait Oil Company has said it should produce 50,000 barrels per day (bpd) of light crude and 175m cubic feet of gas per day early next year at a field discovered in the north of the country in 2006, reported Upstream. The field contains 32trn cubic feet of gas and 10bn barrels of oil. Production will eventually reach 1bn cubic feet per day of gas and 275,000 bpd of oil.

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