Thursday, 27 June 2019 05:52 GMT
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Kuwait plans to boost northern crude output Al-Ritqa in August




(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, April 15 (KUNA) -- The first phase of heavy crude oil production at a northern Kuwaiti oil field, known as south "Al-Ritqa" is expected to reach 11,000 barrels per day (bpd), in August, Kuwait Oil Company (KOC) said on Monday. The project aims to ratchet up heavy crude output to 430,000 bpd from 60,000 bpd through multiply phases by January, Fatama Al-Kanderi, who oversees project planning at KOC, said amid a panel discussion organized by the Kuwaiti oil ministry.

Boosting heavy crude output in Kuwait's northern Ratqa area is a major part of a 2040 strategy the ministry has formed, she explained, saying the project is unlike any other endeavor the company had undertaken. (end) osj.nam

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Kuwait plans to boost northern crude output Al-Ritqa in August

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