Exploration & Production

Jurassic gas to dent Kuwait’s LNG needs

Rising non-associated gas production from Kuwait’s Jurassic fields will remain a headwind to the country’s LNG requirements Rising non-associated gas production from Kuwait’s Jurassic fields will remain a headwind to the country’s LNG requirements
By Abhishek Kumar 1 October 2018 0 32727
Kuwait’s gas demand will increase by an average of 8.5% per year between 2018 and 2021. (unsplash.com)

Directional impact on forecast:
Upbeat for Kuwait’s gas production

The importance of non-associated gas in Kuwait’s energy mix is set to grow even further, helped by rising production from the country’s Jurassic fields. Consequently, Kuwait’s LNG demand will take a hit, which could adversely impact plans to boost its regasification capacity.

In September, Kuwait Oil Co. (KOC) announced the completion of the second phase of its Jurassic Gas Project (JGP), which involved implementation of three early production facilities (EPFs). The first EPF came online in...