A Review of the Nigerian Energy Industry

Kuwait Petroleum Corp aims to produce 85,000 bpd of heavy crude by 2020/21- CEO speech

*Kuwait Petroleum Corporation office

11 December 2018, News Wires — Kuwait Petroleum Corp. aims to produce 85,000 barrels of heavy crude oil a day by 2020/21, and 110,000 barrels per day by 2030/31, according to the text of a speech given by its CEO on Monday, seen by Reuters.

The state-owned company aims to reach a production target of 430,000 barrels of heavy crude per day by 2040/41.

  • Reuters
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