Kuwait has succeeded in reversing a drop in crude oil production capacity, and now targets 4mn b/d by 2035. An ambitious $30bn refinery upgrade program was completed in 2023 with the ramp up of the Al Zour refinery, pushing refined products exports up to record levels, but an addiction to LNG imports shows no sign of easing, while summer electricity blackouts are increasingly common.
Crude Production | 2.41 | mn b/d |
Crude Exports | 1.18 | mn b/d |
Products Exports | 1.2 | mn b/d |
Power Generation | 88.88 | TWh |
23 May, 2025
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Kuwait is confident that recent exploration and appraisal successes will enable a tripling of non-associated gas output by 2040.
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