Kuwait to increase gas production
- Kuwait: Thursday, September 27 - 2012 at 09:18
Kuwait Oil Co (KOC) has unveiled plans to increase the country's gas and oil production to 175 million cu ft and 60,000 barrels, Kuna has reported. The Gulf country currently produces 130-140 million cu ft of gas and 50,000 barrels of oil a day, said LOC managing director, Sami Al-Reshaid. "We are planning a project that will lead to a rise in the production of gas to 175 million cubic feet a day," Al-Reshaid said on the sidelines of the International Professionals in Energy Conference. "We are currently planning to increase our production to 60,000 barrels of oil," he added. Obstacles facing these aims are "old designs" that cannot accommodate the aspired production levels, he said.
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