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Kuwait's crude oil capacity at 3.15 mbpd


By Reuters

Kuwait's current crude output capacity stood at 3.15 million barrels per day (bpd), a senior official from the Kuwait Oil Company (KOC) said.

Around 2.85 million bpd of that capacity belonged to state-owned KOC, while the other 300,000 bpd was Kuwait's capacity in the Neutral Zone, said Mohammed Husain, Deputy Chairman of the firm.

Current average output capacity from the Neutral Zone is around 538,000 bpd. The zone is a region between Kuwait and Saudi Arabia that dates back to 1920s treaties to establish regional borders.


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