Kuwait produces over 2.8 million barrels of oil per day: KPC ...Kuwait

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Kuwait produces over 2.8 million barrels of oil per day: KPC
The chief executive Kuwait Petroleum Corporation (KPC) said on Sunday the Gulf state currently produces more than 2.8 million barrels of oil per day in accordance with its Organization of the Petroleum Exporting Countries (OPEC) quota. Sheikh Nawaf Saud Al-Sabah also said Kuwait has plans to increase crude oil production whenever the market needs it, but currently the customers of the state-owned corporation still demand the same volumes with no change. Kuwait produces 650 million cubic feet of gas per day, and plans to increase it to one billion, he added. On the market environment, he said "ambiguity exists in all markets, whether gas or oil… there are questions a

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