Middle East

Kuwait

Kuwait is reaping the rewards of an improved political climate between 2013-2016 which unblocked an oil and gas investment logjam. The results are now being realized, with gas production hitting new records in 2018, Kuwait exporting the first volumes of its new light oil grade, and a new heavy crude grade set to be launched in 2019.

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For Kuwait, China Now Rivals Korea As #1 Customer. Whilst 2012-16 Saw Kuwait Diversify Its Customer Base, The Share Of Its Top Four* Asian Customers Has Again Risen To 70%
Gulf Refinery Intake* (mn b/d)
Gulf Refining Capacity* (mn T/Y, End 2017)