Across the GCC, Opec+ crude oil production cuts are having a major impact on countries that rely on associated gas as a key feedstock for utilities. Kuwait is no exception, and the emirate has been forced to burn record volumes of crude oil in order to meet surging power demand and cover for shortages of other feedstocks.
As with its neighbors, Kuwait’s power demand always peaks in the summer months as residents rely on air conditioning to counter the sweltering temperatures. This year was no exception, with temperatures crossing the 50°C mark in July and August. In fact, the pattern was compounded in 2020 as coronavirus restrictions prevented residents from fleeing the heat to cooler climes. (CONTINUED - 896 WORDS)