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Exploration & Production

Kuwait’s energy programme due for revision

Kuwait Oil Company has fallen behind its output targets for the non-associated Jurassic gas fields. Unless it revises its attitude to foreign involvement in its oil and gas sector, LNG will be the onl Kuwait Oil Company has fallen behind its output targets for the non-associated Jurassic gas fields. Unless it revises its attitude to foreign involvement in its oil and gas sector, LNG will be the onl
By Leigh Elston 6 December 2011 0 2997
International companies are still banned from investing in Kuwait's oil and gas sector. (PA)

The Kuwait Oil Company (KOC) plans to increase non-associated gas production to 2.5 billion cubic feet per day (70.8 million cubic metres per day: MMcm/d) by 2030. The Jurassic gas fields, estimated to hold 991 billion cubic metres of reserves, will be pivotal to this growth.

But development at the project has fallen severely behind schedule due to continuing construction delays, Samia Ahmed, a Middle East geologist at IHS Global told Interfax. The first phase of the project targeted 4.9 MMcm/d by 2008. However, as of mid-September 2011,...