Kuwait in 2020 to reach 4 million barrels of crude oil production capacity goal

State-owned Kuwait Oil Company director Saad al-Shuwaib3 here on the 30th month that the Organization of Petroleum Exporting Countries (OPEC) member Kuwait has been a few days ago the country's crude oil production capacity to date, 3 million barrels and plans by 2020 to 4 million barrels day of crude oil production capacity goal.

Shuwaib are at an energy conference attended by reporters during the above speech. He said: "We have reached 3 million barrels of crude oil on the level of production capacity, we will achieve by the year 2020 at 4,000,000 barrels of crude oil production capacity of the goal date."

Shuwaib in response to a reporter again asked about the problem of crude oil production capacity, said: "We now have to reach 3 million barrels per day production capacity of crude oil." However, Shuwaib NOT be on this issue in detail.

New oil production capacity at last year's figure is the maximum daily output of Kuwait's 2.8 million barrels per day based on an increase of 0.2 million barrels per day.

Shuwaib said that Kuwait is now in December last year, according to OPEC production quotas set by the production of oil. Kuwait's OPEC supply is 2.2 million barrels / day.

Source: www.in-en.com Apr. 1, 2009