Kuwait Oil & Gas Report Q4 2012 - New Market Research Report
BMI View: Kuwait's rise in output will be relatively slow and steady, and we forecast the country producing 3.5mn barrels per day (b/d) by 2021. However, as the domestic economy grows, a substantial rise in oil consumption will reduce the oil that is available for the export market. We forecast a faster increase in gas production in the second half of our 10-year forecast period, with output going above 16bcm in 2020. Kuwait will remain a net gas importer and...
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