Kuwait is one of the most compelling industry environments in the Middle East. An OPEC member, it houses the world’s sixth largest oil reserves and is the fourth largest exporter of total oil products.
Production currently stands at approximately 2.77 million bpd. By 2020, Kuwait aims to reach a production capacity of 4 million bpd and maintain this level through 2030. Downstream, Kuwait also plans to grow domestic refinery capacity to 1.4 million bdp and boost international cooperation.