State-owned Kuwait Petroleum Corporation (KPC) will struggle to deliver single handedly the key projects in northern Kuwait that are earmarked to provide the bulk of the planned production capacity drive to its 4mn b/d target, a senior Kuwaiti oil industry figure warns.
The three multi-billion dollar energy projects currently seeking financing are still targeting completion by year-end, although it uncertain whether all of them will achieve this objective.
Tunisia is positioning itself to become a gas exporter in 2012, helping to offset the gradual decline in oil production, according to state-energy firm ETAP’s Chairman Khaled Becheikh.
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VOL 52 ISSUE 45
09 November 2009
Industry articles and data selected by MEES editors from independant sources.