Kuwait light crude output expected to rise to 250,000 bpd in 3 years- KUNA

Light crude output is currently 180,000 bpd

  
Image used for illustrative purpose. Kuwait Oil Tanker employees oversee the loading of crude oil into the new Kazimah III Oil Tanker at Ahmadi North Pier in Kuwait.

Image used for illustrative purpose. Kuwait Oil Tanker employees oversee the loading of crude oil into the new Kazimah III Oil Tanker at Ahmadi North Pier in Kuwait.

REUTERS/ Stephanie McGehee

DUBAI- Kuwait's production of light crude is expected to rise to 250,000 barrels per day in three years' time and to 300,000 bpd by 2023, Ali Hussain Al-Kandari, manager of production and projects at Kuwait Oil Company said on Tuesday.

Light crude output is currently 180,000 bpd, with natural gas at 0.5 billion cubic feet, Kandari said in remarks carried by the state news agency.

(Reporting by Asma Alsharif Editing by Robin Pomeroy) ((@PomeroyReuters; robin.pomeroy@thomsonreuters.com; Reuters Messaging: robin.pomeroy.thomsonreuters.com@reuters.net))


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